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Renu sold an article at a loss of 8 perc...

Renu sold an article at a loss of 8 percent. Had she bought it at 10% less and sold for Rs 36 more, she would have gained 20%. Find the cost price of the article.

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To find the cost price of the article that Renu sold, we can follow these steps: ### Step 1: Define the Cost Price Let the cost price (CP) of the article be Rs 100 for simplicity in calculations. ### Step 2: Calculate Selling Price at a Loss of 8% Since Renu sold the article at a loss of 8%, we can calculate the selling price (SP) as follows: \[ SP = CP - (8\% \text{ of } CP) = 100 - (0.08 \times 100) = 100 - 8 = 92 \text{ Rs} \] ### Step 3: Calculate Cost Price at 10% Less If Renu had bought the article at 10% less, the new cost price would be: \[ New \, CP = CP - (10\% \text{ of } CP) = 100 - (0.10 \times 100) = 100 - 10 = 90 \text{ Rs} \] ### Step 4: Calculate Selling Price for a Gain of 20% If she sold this article for Rs 36 more than the original selling price, the new selling price would be: \[ New \, SP = 92 + 36 = 128 \text{ Rs} \] To find the selling price that gives a gain of 20% on the new cost price: \[ New \, SP = New \, CP + (20\% \text{ of } New \, CP) = 90 + (0.20 \times 90) = 90 + 18 = 108 \text{ Rs} \] ### Step 5: Set Up the Equation We know that the new selling price (Rs 128) should equal the selling price calculated with a gain of 20% (Rs 108). Therefore, we can set up the equation: \[ 128 - 92 = 36 \] This means the difference in selling prices is Rs 36. ### Step 6: Calculate the Cost Price Based on the Difference From the previous calculations, we found that a difference of Rs 16 in selling prices corresponds to a cost price of Rs 100. Therefore, we can find the cost price for a difference of Rs 36: \[ \text{If } 16 \text{ Rs difference corresponds to } 100 \text{ Rs cost price, then for } 36 \text{ Rs difference:} \] \[ \text{Cost Price} = \frac{100}{16} \times 36 = 225 \text{ Rs} \] ### Conclusion Thus, the cost price of the article is Rs 225. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (C)
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  2. A stationer buys pens at 5 for Rs 28 and sells them at a profit of 25%...

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  3. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of 4...

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  4. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of ...

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  5. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : S.P. of o...

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  6. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : profit ma...

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  7. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : number of...

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  8. A man sells 12 articles for 80 gaining 33 (1)/(3) %. Find the number o...

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  9. The cost price of 20 articles is same as the selling price of 16 artic...

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  10. The selling price of 15 articles is equal to the cost price of 12 arti...

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  11. By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find...

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  12. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  13. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  14. Mohan bought a certain number of note-books forRs 600. He sold (1)/(4...

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  15. Raju sells a watch at 5% profit. Had he sold it forRs 24 more, he wou...

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  16. A man sold a bicycle at 5% profit. If the cost had been 30% less and t...

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  17. Renu sold an article at a loss of 8 percent. Had she bought it at 10% ...

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