SOLUTION: kunal sold a shirt at a loss of 10 percent. Had he sold it for Rs. 60 more, he would have gained 5 percent on it. Find the cost price of the shirt.
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Question 1097605: kunal sold a shirt at a loss of 10 percent. Had he sold it for Rs. 60 more, he would have gained 5 percent on it. Find the cost price of the shirt. Answer by ikleyn(52787) (Show Source):
Let x = "cost price".
From the condition, we know that Kunal (I write it intently with the capital K, since I suppose it is the name of the person)
sold it for 0.9x rupees.
Again, from the condition, we know that
0.9x + 60 = x*(1+0.05).
It is your equation to solve.
0.9x + 60 = 1.05x ====> 60 = 1.05x - 0.9x ====> 0.15x = 60 ====> x = = 400 rupees.
Answer. The cost price of the shirt is Rs 400.
In all languages, the name of person starts with the capital letter.