document.write( "Question 1084541: A shopkeeper sold a sofa set at 8 percent gain. Had he purchased it for 5 percent less and sold it for rs 36 less than what he actually sold it for,he would have gained 12.5 percent.For how much did the man purchase the sofa set? \n" ); document.write( "
Algebra.Com's Answer #843930 by mananth(16946)![]() ![]() You can put this solution on YOUR website! A shopkeeper sold a sofa set at 8 percent gain. Had he purchased it for 5 percent less and sold it for rs 36 less than what he actually sold it for,he would have gained 12.5 percent.For how much did the man purchase the sofa set?\r \n" ); document.write( "\n" ); document.write( "Let the purchase price of Sofa be Rs.x\r \n" ); document.write( "\n" ); document.write( "He sold it for 8% gain. \n" ); document.write( "He sold it for 1,08x\r \n" ); document.write( "\n" ); document.write( "Cost at 5% less = 0.95x \r \n" ); document.write( "\n" ); document.write( "Sold it for Rs36 less ie:1.08x-36\r \n" ); document.write( "\n" ); document.write( "profit = (1.08x-36)-0.95x \n" ); document.write( "= 0.13x -36\r \n" ); document.write( "\n" ); document.write( "(0.13x-36)/0.95x = 0.125\r \n" ); document.write( "\n" ); document.write( "0.13x -36 = 0.95x*0.125\r \n" ); document.write( "\n" ); document.write( "0.13x-36=0.11875x\r \n" ); document.write( "\n" ); document.write( "0.13x-0.11875x=36\r \n" ); document.write( "\n" ); document.write( "solve for x \n" ); document.write( "0.01125x =36\r \n" ); document.write( "\n" ); document.write( "x = 3200\r \n" ); document.write( "\n" ); document.write( "Cost price of the sofa set was Rs 3200\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "SP= 3200*1.08 =3456\r \n" ); document.write( "\n" ); document.write( "5%less = 0.95*3200 =3040 CP\r \n" ); document.write( "\n" ); document.write( "SP less 36 3456-36 = 3420\r \n" ); document.write( "\n" ); document.write( "3420-3040 = 380\r \n" ); document.write( "\n" ); document.write( "(380/3040)*100 =12.5%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |