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ATQ, CP of the item when there is loss of 20% = [(a + 500) x (5/4)] To make an 20% profit, he has to sell the article for = Rs.[(a + 500) × (5/4) × (12/10)] According to the question, [(a + 500) × (5/4) × (12/10)] = 2a – 500 Or, (a + 500) × 3/2 = (2a – 500) Or, 3a + 1500 = 4a – 1000 Or. a = 2500
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A and B started a business with investments in the ratio 3:7 respectively. Find the share of A, if they earned a profit of Rs. 2500.
P and Q started a business by investing Rs.8000 and Rs.6400 respectively. After 7 months, Q increased his investment by a certain percentage such that a...