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Pankaj sells a trouser at a loss of 10%....

Pankaj sells a trouser at a loss of 10%. If he buys it for 20% less price and sells it for Rs. 9 more, then he gains 15%. What is the cost price (in Rs) of the trouser?

A

450

B

400

C

350

D

440

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's denote the cost price (CP) of the trouser as \( CP = 100x \). ### Step 1: Calculate Selling Price (SP) at 10% Loss Pankaj sells the trouser at a loss of 10%. Therefore, the selling price (SP) when sold at a 10% loss is calculated as follows: \[ SP = CP - (10\% \text{ of } CP) = 100x - 10x = 90x \] ### Step 2: Calculate New Cost Price (CP) after 20% Reduction If Pankaj buys the trouser for 20% less than the original cost price, the new cost price becomes: \[ \text{New CP} = CP - (20\% \text{ of } CP) = 100x - 20x = 80x \] ### Step 3: Calculate Selling Price (SP) after Selling for Rs. 9 More According to the problem, if he sells it for Rs. 9 more than the previous SP, the new selling price is: \[ \text{New SP} = SP + 9 = 90x + 9 \] ### Step 4: Calculate Profit Percentage In this case, he gains 15% on the new cost price (80x). The formula for profit is: \[ \text{Profit} = \text{New SP} - \text{New CP} \] Given that the profit is 15% of the new cost price: \[ \text{Profit} = 15\% \text{ of } 80x = 0.15 \times 80x = 12x \] Thus, we can set up the equation: \[ 90x + 9 - 80x = 12x \] ### Step 5: Solve the Equation Now, simplify the equation: \[ 90x + 9 - 80x = 12x \] \[ 10x + 9 = 12x \] Subtract \(10x\) from both sides: \[ 9 = 12x - 10x \] \[ 9 = 2x \] Now, divide both sides by 2: \[ x = \frac{9}{2} = 4.5 \] ### Step 6: Calculate the Original Cost Price (CP) Now, substituting back to find the original cost price: \[ CP = 100x = 100 \times 4.5 = 450 \] ### Final Answer The cost price of the trouser is Rs. 450. ---
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