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The difference between the selling price...

The difference between the selling prices of a keyboard at losses of 15% and 25% is Rs 50. Then the cost price of a keyboard is:

A

Rs 240

B

Rs 330

C

Rs 300

D

Rs 500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's denote the cost price of the keyboard as Rs. X. ### Step 1: Understand the Selling Price Formula The selling price (SP) when there is a loss can be calculated using the formula: \[ \text{SP} = \text{Cost Price} \times \left(1 - \frac{\text{Loss Percentage}}{100}\right) \] ### Step 2: Calculate Selling Prices for Losses of 15% and 25% 1. **Selling Price at 15% Loss (SP1)**: \[ SP1 = X \times \left(1 - \frac{15}{100}\right) = X \times \frac{85}{100} = \frac{85X}{100} \] 2. **Selling Price at 25% Loss (SP2)**: \[ SP2 = X \times \left(1 - \frac{25}{100}\right) = X \times \frac{75}{100} = \frac{75X}{100} \] ### Step 3: Set Up the Equation for the Difference in Selling Prices According to the problem, the difference between SP1 and SP2 is Rs. 50: \[ SP1 - SP2 = 50 \] Substituting the values we calculated: \[ \frac{85X}{100} - \frac{75X}{100} = 50 \] ### Step 4: Simplify the Equation Combine the terms on the left side: \[ \frac{85X - 75X}{100} = 50 \] This simplifies to: \[ \frac{10X}{100} = 50 \] ### Step 5: Solve for X To eliminate the fraction, multiply both sides by 100: \[ 10X = 5000 \] Now, divide both sides by 10: \[ X = 500 \] ### Conclusion The cost price of the keyboard is Rs. 500.
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