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A shopkeeper sells a pair of sunglasses ...

A shopkeeper sells a pair of sunglasses at a profit of 25%. If he had bought it at 25% less and sold it for Re 10 less, then be would have gained 40%. The cost price of the pair of sunglasses is

A

25

B

50

C

60

D

70

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The correct Answer is:
To solve the problem step by step, we will denote the cost price of the sunglasses as \( x \). ### Step 1: Determine the Selling Price with 25% Profit The shopkeeper sells the sunglasses at a profit of 25%. Therefore, the selling price (SP) can be calculated as: \[ SP = CP + 25\% \text{ of } CP = x + \frac{25}{100} \cdot x = x + \frac{25x}{100} = \frac{125x}{100} = \frac{5x}{4} \] ### Step 2: Calculate the New Cost Price If the shopkeeper had bought the sunglasses at 25% less, the new cost price (CP') would be: \[ CP' = x - 25\% \text{ of } x = x - \frac{25}{100} \cdot x = x - \frac{25x}{100} = x - \frac{25x}{100} = \frac{75x}{100} = \frac{3x}{4} \] ### Step 3: Determine the New Selling Price According to the problem, if he sold it for Re 10 less than the original selling price, the new selling price (SP') would be: \[ SP' = SP - 10 = \frac{5x}{4} - 10 \] ### Step 4: Set Up the Equation for 40% Gain The problem states that this new selling price results in a 40% gain on the new cost price. Thus, we can express this as: \[ SP' = CP' + 40\% \text{ of } CP' = CP' + \frac{40}{100} \cdot CP' = CP' + \frac{40}{100} \cdot \frac{3x}{4} \] \[ SP' = \frac{3x}{4} + \frac{40 \cdot 3x}{100 \cdot 4} = \frac{3x}{4} + \frac{12x}{100} = \frac{3x}{4} + \frac{3x}{25} \] ### Step 5: Find a Common Denominator To combine the fractions, we need a common denominator. The least common multiple of 4 and 25 is 100. Thus, we rewrite the fractions: \[ \frac{3x}{4} = \frac{75x}{100} \quad \text{and} \quad \frac{3x}{25} = \frac{12x}{100} \] So, \[ SP' = \frac{75x}{100} + \frac{12x}{100} = \frac{87x}{100} \] ### Step 6: Set the Two Expressions for SP' Equal Now we can set the two expressions for \( SP' \) equal to each other: \[ \frac{5x}{4} - 10 = \frac{87x}{100} \] ### Step 7: Solve for x To eliminate the fractions, multiply through by 100: \[ 100 \left( \frac{5x}{4} - 10 \right) = 87x \] \[ 125x - 1000 = 87x \] Rearranging gives: \[ 125x - 87x = 1000 \] \[ 38x = 1000 \] \[ x = \frac{1000}{38} = 50 \] ### Final Answer The cost price of the pair of sunglasses is \( \text{Rs } 50 \). ---
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