A man sells his typewriter at 5% loss. If he sells it for Rs.80 more, he will gain 5%.
A man sells his typewriter at 5% loss. If he sells it for Rs.80 more, he will gain 5%. The cost price of the type writer is
ARs.1600
BRs.1200
CRs.1000
DRs.800
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Answer: (1) Rs.1600
Explanation:-
L the cost price of a type writer is Rs.X
Loss = 5 %Then, the selling price of typewriter = X×95100
= 19X20Gain = 5 %
Then the selling price = X×105100
= 21X20Then,
21X20–19X20=80
(21X–20X)20=80
X=80×20
X=Rs.1600Then, the cost price of a typewriter is Rs.1600
Hence, the answer is (1) Rs.1600.
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