Find the cost price..
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Find the cost price..

[From: ] [author: ] [Date: 11-07-04] [Hit: ]
The statement itself means that the S.P is less than the C.P , so there must be gain instead of loss.......
An article is sold at certain price. By selling it at 2/3 of its price one losses 10%,find the gain at original price ?
please provide the answer with explanation....

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Let certain original price be "x"
By selling article at 2/3 one losses 10%. That means 2/3 = 0.9x
Therefore original price would be (3/3) = 0.9x/2 x 3 = 1.35
Answer : Gain of 35%

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The question says "By selling it at 2/3 of its price one losses 10%".
Does not it look weird ? The statement itself means that the S.P is less than the C.P , so there must be gain instead of loss.
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