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Selling price of three articel are same ...

Selling price of three articel are same first sold @ 20% profit and second is sold @ 10% loss and third is sold 25% loss if is whole transtion he incur Rs.60 loss . Find the CP of the Article which was sold @ 20% profit.

A

a)180

B

b)300

C

c)240

D

d)288

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the reasoning provided in the video transcript. ### Step 1: Define the Selling Price Let the selling price (SP) of each of the three articles be denoted as \( SP \). ### Step 2: Calculate the Selling Prices in Terms of Cost Price (CP) 1. **First Article**: Sold at 20% profit. \[ SP = CP_1 + 0.2 \times CP_1 = 1.2 \times CP_1 \] 2. **Second Article**: Sold at 10% loss. \[ SP = CP_2 - 0.1 \times CP_2 = 0.9 \times CP_2 \] 3. **Third Article**: Sold at 25% loss. \[ SP = CP_3 - 0.25 \times CP_3 = 0.75 \times CP_3 \] ### Step 3: Set the Selling Prices Equal Since all three articles have the same selling price: \[ 1.2 \times CP_1 = 0.9 \times CP_2 = 0.75 \times CP_3 \] ### Step 4: Express CPs in Terms of a Common Variable Let’s assume \( SP = x \). Then we can express the cost prices in terms of \( x \): 1. From the first article: \[ CP_1 = \frac{x}{1.2} \] 2. From the second article: \[ CP_2 = \frac{x}{0.9} \] 3. From the third article: \[ CP_3 = \frac{x}{0.75} \] ### Step 5: Calculate Total Cost Price The total cost price (CP) of all three articles is: \[ CP_{total} = CP_1 + CP_2 + CP_3 \] Substituting the values we found: \[ CP_{total} = \frac{x}{1.2} + \frac{x}{0.9} + \frac{x}{0.75} \] ### Step 6: Find a Common Denominator The least common multiple of the denominators (1.2, 0.9, 0.75) is 3. Thus, we can express each term: 1. \( \frac{x}{1.2} = \frac{5x}{6} \) 2. \( \frac{x}{0.9} = \frac{10x}{9} \) 3. \( \frac{x}{0.75} = \frac{4x}{3} \) Converting to a common denominator of 18: - \( CP_1 = \frac{15x}{18} \) - \( CP_2 = \frac{20x}{18} \) - \( CP_3 = \frac{24x}{18} \) Thus, \[ CP_{total} = \frac{15x + 20x + 24x}{18} = \frac{59x}{18} \] ### Step 7: Calculate the Loss The total loss incurred is Rs. 60. The loss can be calculated as: \[ CP_{total} - SP_{total} = 60 \] Where \( SP_{total} = 3x \) (since there are three articles). Therefore: \[ \frac{59x}{18} - 3x = 60 \] ### Step 8: Solve for x Converting \( 3x \) into a fraction with a denominator of 18: \[ \frac{59x}{18} - \frac{54x}{18} = 60 \] This simplifies to: \[ \frac{5x}{18} = 60 \] Multiplying both sides by 18: \[ 5x = 1080 \] Dividing by 5: \[ x = 216 \] ### Step 9: Find the Cost Price of the First Article Now, substituting \( x \) back to find \( CP_1 \): \[ CP_1 = \frac{x}{1.2} = \frac{216}{1.2} = 180 \] ### Final Answer The cost price of the article which was sold at 20% profit is Rs. 180. ---
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