Kindly answer the question.
Solution
Let the total number of articles bought by the trader = x.
Cost price of x article = Rs. 1200
∴Cost price of 1 article = Rs.
As 10 articles were damaged, then the number of articles sold by the trader = (x – 10)
Selling price of (x - 10) articles = 1200 + 60 = Rs. 1260
Selling price of each articles =
Given:
2x2 - 20x - 60x - 12000 = 0
2x2 - 80x - 12000 = 0
x2 - 40x - 6000 = 0
x2 - 100x + 60x - 6000 = 0
x(x - 100) + 60(x - 100) = 0
(x + 60)(x - 100) = 0
x = - 60, x = 100
Neglect negative term, as number of articles cannot be negative, so, we have,
x = 100
Therefore, the total number of articles bought by the trader = 100