Math Problem Statement
A man bought 20 pens for Rs.x and the man sold each pen at the cost price of two pens. If he sold the pen at a loss of 20%, then he would have sold each pen for Rs.36 less. Find the total selling price of all pens, if he had sold each pen at a profit of 30%.
Solution
Let's break down the problem step by step.
Step 1: Determine the cost price per pen
- The man bought 20 pens for Rs. .
- So, the cost price (CP) per pen = .
Step 2: Determine the selling price at the given loss
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He sold each pen at the cost price of two pens, which means the selling price (SP) per pen was .
-
It is given that he sold the pen at a loss of 20%. Loss means .
We know, the loss percentage is calculated as: \text{Loss%} = \frac{\text{CP} - \text{SP}}{\text{CP}} \times 100
Substituting the given values:
Step 3: Solve for
Let's first simplify the equation:
The numerator simplifies as follows:
Now, substitute this into the equation:
This equation simplifies to:
Step 4: Use the loss difference information
It is also given that selling each pen at the cost of two pens results in a loss of Rs.36 less than if it had been sold at 20% less: Which simplifies to
Using the cost details:
Finally you can obtain the actual total selling price and profit. You can check again and ask about exact details of the previous numbers.
Total Profit:
Plug this into the original price of Rs. x.
If any details are required, feel free to ask more!
Extra Questions
- Can you define the main price as per the original?
- Have you applied profit of 30% after subtracting Rs.36?
- Can you cross-check the pen number details?
- How would you model a profit of 30%?
- Have you already reached the main Rs.x amount?
Tip: Always confirm the original cost with simplified equations if unsure.
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Math Problem Analysis
Mathematical Concepts
Cost Price
Selling Price
Profit and Loss
Formulas
Profit = Selling Price - Cost Price
Loss% = ((Cost Price - Selling Price) / Cost Price) * 100
Theorems
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Suitable Grade Level
Grades 9-12
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