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A person purchases 90 clocks and sells 4...

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got 40 less. The cost price of each clock is:

A

50

B

60

C

80

D

90

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The correct Answer is:
To solve the problem step-by-step, we will follow the information given in the question and use algebra to find the cost price of each clock. ### Step 1: Define Variables Let the cost price of each clock be \( X \) rupees. Therefore, the total cost price for 90 clocks is: \[ \text{Total Cost Price} = 90X \text{ rupees} \] **Hint:** Start by defining a variable for the cost price to make calculations easier. ### Step 2: Calculate Selling Price for 40 Clocks at 10% Gain The selling price for the 40 clocks sold at a gain of 10% is calculated as follows: \[ \text{Selling Price of 40 Clocks} = 40 \times \left( X + \frac{10}{100}X \right) = 40 \times \left( \frac{110}{100}X \right) = 44X \text{ rupees} \] **Hint:** Remember that selling price is calculated using the formula: Selling Price = Cost Price + Gain. ### Step 3: Calculate Selling Price for 50 Clocks at 20% Gain The selling price for the 50 clocks sold at a gain of 20% is: \[ \text{Selling Price of 50 Clocks} = 50 \times \left( X + \frac{20}{100}X \right) = 50 \times \left( \frac{120}{100}X \right) = 60X \text{ rupees} \] **Hint:** Use the same formula for selling price for different percentages of gain. ### Step 4: Calculate Total Selling Price Now, we can find the total selling price for all 90 clocks: \[ \text{Total Selling Price} = \text{Selling Price of 40 Clocks} + \text{Selling Price of 50 Clocks} = 44X + 60X = 104X \text{ rupees} \] **Hint:** Combine the selling prices to find the total selling price. ### Step 5: Calculate Selling Price if Sold at 15% Gain If all clocks were sold at a uniform profit of 15%, the selling price would be: \[ \text{Selling Price at 15% Gain} = 90 \times \left( X + \frac{15}{100}X \right) = 90 \times \left( \frac{115}{100}X \right) = 103.5X \text{ rupees} \] **Hint:** Again, use the selling price formula for a uniform gain across all items. ### Step 6: Set Up the Equation According to the problem, if sold at a uniform profit of 15%, he would have received 40 rupees less than what he actually received. Therefore, we can set up the equation: \[ 104X = 103.5X + 40 \] **Hint:** This step involves setting up an equation based on the information provided in the question. ### Step 7: Solve for X Now, we will solve for \( X \): \[ 104X - 103.5X = 40 \\ 0.5X = 40 \\ X = \frac{40}{0.5} = 80 \] **Hint:** Isolate the variable on one side to find its value. ### Final Answer The cost price of each clock is: \[ \boxed{80} \text{ rupees} \]
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