A TRADER BROUGHT A NUMBER OF ARTICLES FOR Rs 900 , FIVE ARTICLES WERE FOUND DAMAGED. HE SOLD EACH OF THE REMAINING ARTICLES AT Rs 2 MORE THAN WHAT HE PAID FOR IT. HE GOT A PROFIT OF Rs 80 ON WHOLE TRANSACTION . FIND THE NUMBER OF ARTICLES HE BOUGHT. Reply soon PLEASE!
Let the total number of articles bought by the trader = x.
Cost price of x article = Rs 900
∴Cost price of 1 article
As 5 articles were damaged, then the number of articles sold by the trader = (x –5).
Selling price of (x-5) articles=900+80=Rs.980
Selling price of each articles =
The total number of articles bought by the trader = 75