Profit earned by selling an article Rs- 1060 is 20- than the loss incurred by selling the article Rs- 950- At what price should the article be sold to earn 20- profit-Rs- 980Rs 1080Rs- 1800None of these

Question

Toppr Admin · Accepted Answer

Let price of article is x1060-x2212-x-20-coscos-x-x2212-95020-x-x2212-9505-x2234-1060-x2212-x-x-x2212-9505-x-x2212-950-x21D2-1060-x2212-x-65-x-x2212-950-x21D2-5300-x2212-5x-6x-x2212-5700-x21D2-11x-11000-x2234-x-1000-Hence price -1000 -d-

Profit earned by selling an article for Rs. 1060 is 20% more than the loss incurred by selling the article for Rs. 950. At what price should the article be sold to earn 20% profit?
$R s . 980$
$R s 1080$
$R s . 1800$
None of these

Let price of article is x
$1060 - x = 20 % + cos$
$cos = x - 950$
$20 % = \frac{x - 950}{5}$
$∴ 1060 - x = \frac{x - 950}{5} + (x - 950)$
$\Rightarrow 1060 - x = \frac{6}{5} (x - 950)$
$\Rightarrow 5300 - 5 x = 6 x - 5700$
$\Rightarrow 11 x = 11000$
$∴ [x = 1000]$
Hence price $= 1000$ (d).

Profit earned by selling an article for Rs. 1060 is 20% more than the loss incurred by selling the article for Rs. 950. At what price should the article be sold to earn 20% profit?Rs.980Rs1080Rs.1800None of these

Let price of article is x1060−x=20%+coscos=x−95020%=x−9505∴1060−x=x−9505+(x−950)⇒1060−x=65(x−950)⇒5300−5x=6x−5700⇒11x=11000∴[x=1000]Hence price =1000 (d).

Profit earned by selling an article for Rs. 1060 is 20% more than the loss incurred by selling the article for Rs. 950. At what price should the article be sold to earn 20% profit?
$R s . 980$
$R s 1080$
$R s . 1800$
None of these

Let price of article is x
$1060 - x = 20 % + cos$
$cos = x - 950$
$20 % = \frac{x - 950}{5}$
$∴ 1060 - x = \frac{x - 950}{5} + (x - 950)$
$\Rightarrow 1060 - x = \frac{6}{5} (x - 950)$
$\Rightarrow 5300 - 5 x = 6 x - 5700$
$\Rightarrow 11 x = 11000$
$∴ [x = 1000]$
Hence price $= 1000$ (d).