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By selling an article for Rs 900, a man ...

By selling an article for Rs 900, a man gains 20%. Find his cost price and the gain.

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To solve the problem step by step, we will first find the cost price (CP) of the article and then calculate the gain. ### Step 1: Identify the given values - Selling Price (SP) = Rs 900 - Gain percentage = 20% ### Step 2: Use the formula to find the Cost Price (CP) The formula to calculate the Cost Price (CP) when the Selling Price (SP) and gain percentage are known is: \[ CP = \frac{100}{100 + \text{gain percent}} \times SP \] ### Step 3: Substitute the values into the formula Substituting the values we have: \[ CP = \frac{100}{100 + 20} \times 900 \] ### Step 4: Simplify the equation Now, simplify the equation: \[ CP = \frac{100}{120} \times 900 \] ### Step 5: Calculate the fraction Calculating the fraction: \[ CP = \frac{5}{6} \times 900 \] ### Step 6: Perform the multiplication Now, multiply: \[ CP = 750 \] So, the Cost Price (CP) is Rs 750. ### Step 7: Calculate the Gain To find the gain, we can use the formula: \[ \text{Gain} = SP - CP \] Substituting the values we have: \[ \text{Gain} = 900 - 750 \] ### Step 8: Perform the subtraction Now, perform the subtraction: \[ \text{Gain} = 150 \] ### Final Answer - Cost Price (CP) = Rs 750 - Gain = Rs 150 ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (B)
  1. Find the selling price, if : C.P. = Rs 950 and profit = 8%

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  2. Find the selling price, if : C.P. = Rs 1,300 and loss = 13%

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  3. Find the cost price, if : S.P. = Rs 1,680 and profit = 12%

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  4. Find the cost price, if : S.P. = Rs 1,128 and loss = 6%

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  5. By selling an article for Rs 900, a man gains 20%. Find his cost price...

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  6. By selling an article for Rs 704, a person loses 12%. Find his cost pr...

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  7. Find the selling price, if : C.P. = Rs 352, overheads = 28 and profi...

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  8. Find the selling price, if : C.P. = 576, overheads = Rs 44 and loss=...

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  9. If John sells his bicycle for Rs 637, he will suffer a loss of 9%. For...

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  10. A man sells a radio-set for Rs 605 and gains 10%. At what price should...

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  11. By selling a sofa-set for Rs 2,500, the shopkeeper loses 20%. Find his...

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  12. Mr. Sinha sold two tape-recorders for Rs 990 each, gaining 10% on one ...

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  13. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  14. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  15. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  16. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  17. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  18. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  19. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  20. John sold an article to Peter at 20% profit and Peter sold it to Mohan...

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