Practicing Success
A clock was sold for ₹107.25. If the percentage of gain was numerically equal to the cost price, the cost of the clock was: |
₹65 ₹75 ₹85 ₹68 |
₹65 |
Best way is to go with answer options. Check, Profit = 65 *65% = 42.25, it means S.P. = 65 + 42.25 = 107.25 (given) Therefore, 65 is the cost price. OR Gain % = CP ⸫ \(\frac{Gain}{CP}\) × 100 = CP SP = 107.25 = \(\frac{107.25-CP}{CP}\) × 100 = CP 10725 – 100 CP = CP2 CP2 + 100 CP – 10725 = 0 CP2 – 65 CP + 165 CP – 10725 = 0 CP (CP – 65) + 165 (CP – 65) = 0 (CP – 65) (CP + 165) = 0 ⸫ CP = 65 (as CP cannot be negative) |