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The Selling Price of a Computer Was Fixed at Rs.32200 So as to Give a Profit of 15%. During a Sale the Price of the Same Computer Was Reduced to Rs.29960. Calculate the Actual Profit Or Loss During

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Question

The selling price of a computer was fixed at Rs.32200 so as to give a profit of 15%. During a sale the price of the same computer was reduced to Rs.29960. Calculate the actual profit or loss during the scale.

Sum
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Solution

Initial S..P. of a computer = Rs.3220
Profit = 15%
`"S.P."/"C.P." = 1 + "Profit"/(100)`

⇒ `(32000)/"C.P." = 1 + (15)/(100)`

⇒ `(32000)/"C.P." = (100 + 15)/(100)`

⇒ C.P. = `(100)/(115) xx 32200`
= Rs.28000
∴ C.P. of the computer = Rs.28000
If the S.P. of the computer is Rs.29960, S.P. > C.P.
∴ There would be a profit of
= S.P. - C.P.
= Rs.(29960 - 28000)
= Rs.1960.

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Chapter 2: Profit , Loss and Discount - Exercise 2.2

APPEARS IN

Frank Mathematics [English] Class 9 ICSE
Chapter 2 Profit , Loss and Discount
Exercise 2.2 | Q 7

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