Q5 of 35 Page 175

Amalbabu sold a picture at 20% loss. But the made a profit of 5% if he sold it with Rs. 200 more. Let us calculate and observe the cost price of the picture he has bought.

Formula Used.


Loss/profit percent = × 100


Let Cost price of picture be X


Then Selling price = Cost price – Loss


= X - ×X


=


If he sold it with Rs. 200 more than


+ Rs. 200


He made 5% profit


Selling price = Cost price + Profit


= X +


=


⇒ + Rs. 200 =


= Rs. 200


= Rs. 200


X = Rs. 800


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