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Job

Solve the following mathematics problems:

A dishonest merchant makes a 15% profit at the time of buying ans a 10% loss at the time of selling the goods he trades . By doing so if the merchant makes a profit of 3,500 on selling the particular goods, what was the real cost of the goods the merchant sold? (profit and loss)

Created: 2 years ago | Updated: 1 year ago
Updated: 1 year ago
Answer :

Let, the cost price of the goods is 100 Tk.

By this 100 Tk. he actually bought goods @ 15% profit = (100+15% of 100) Tk. = 100+15=115 tk. 

At 10% loss,

Selling price of the goods be= (115-10%  Tk. 

His overall gain = 103.5-100=3.5 Tk. 

When gain is 3.5 Tk. Cost price = 100×35003.5

ans. Real cost of the goods is 100,000 TK.

1 year ago

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