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An article was sold at 11(1)/(9)% profit...

An article was sold at `11(1)/(9)%` profit. Had it purchased at Rs 1300 less and sold at Rs 3000 less there would have been loss of `9(1)/(11)%` Find C.P. of article?

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To solve the problem, we need to find the cost price (C.P.) of the article based on the given profit and loss percentages. Let's break it down step by step. ### Step 1: Convert the given profit and loss percentages into fractions. The profit percentage is given as \( 11\frac{1}{9}\% \). We can convert this into a fraction: \[ 11\frac{1}{9}\% = \frac{100}{9}\% \] This means that the selling price (S.P.) is \( \frac{100 + 100/9}{100} \) times the cost price (C.P.). Calculating this: \[ \text{Profit} = \frac{100}{9}\% \Rightarrow \text{S.P.} = C.P. \times \left(1 + \frac{100}{900}\right) = C.P. \times \frac{109}{100} \] ### Step 2: Set up the equation for the selling price. Let the cost price be \( x \). The selling price can be expressed as: \[ \text{S.P.} = x \times \frac{109}{100} \] ### Step 3: Calculate the new cost price and selling price when the adjustments are made. If the article was purchased at Rs 1300 less, the new cost price would be: \[ \text{New C.P.} = x - 1300 \] If it was sold at Rs 3000 less, the new selling price would be: \[ \text{New S.P.} = x \times \frac{109}{100} - 3000 \] ### Step 4: Set up the equation for the loss percentage. The loss percentage is given as \( 9\frac{1}{11}\% \). We convert this into a fraction: \[ 9\frac{1}{11}\% = \frac{100}{11}\% \] This means that the new selling price is \( \frac{100 - 100/11}{100} \) times the new cost price. Calculating this: \[ \text{Loss} = \frac{100}{11}\% \Rightarrow \text{New S.P.} = \text{New C.P.} \times \left(1 - \frac{100}{1100}\right) = \text{New C.P.} \times \frac{90}{100} \] ### Step 5: Set up the equation based on the loss. From the loss percentage, we have: \[ x \times \frac{109}{100} - 3000 = (x - 1300) \times \frac{90}{100} \] ### Step 6: Solve the equation. Expanding both sides: \[ x \times \frac{109}{100} - 3000 = \frac{90x - 117000}{100} \] Multiplying through by 100 to eliminate the fraction: \[ 109x - 300000 = 90x - 117000 \] Rearranging gives: \[ 109x - 90x = 300000 - 117000 \] \[ 19x = 183000 \] \[ x = \frac{183000}{19} = 9631.58 \] ### Step 7: Conclusion Thus, the cost price (C.P.) of the article is approximately Rs 9631.58.
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