Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

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Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

by anonymous asked Jan 10, 2021 11 views

Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

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anonymous · Answer 1 · 2021-01-10T10:17:11+0000

let CP= Rs 100 then SP= 120

New CP= Rs. 80 then New SP=80* 125/ 100 = 100

from question,

Rs 120- Rs 100= Rs 20 is equivalent to Rs 5

Rs 100 is equivalent to Rs 25

CP = Rs 25

Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

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