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A man makes a profit of 5% by selling a book. If his actual profit is Rs. 125, at what price did he purchase the book? Find it.
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Respuesta :

ayenoe13

Answer: 2500

Step-by-step explanation:

Let’s assume that the cost price of the book is Rs. x. The selling price of the book would be Rs. 1.05x (since the man makes a profit of 5% by selling the book).

We know that the actual profit made by the man is Rs. 125. Therefore, we can write the following equation:

Selling price - Cost price = Actual profit

1.05x - x = 125

0.05x = 125

x = 2500

Therefore, the cost price of the book is Rs. 2500

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