Hasan sold an article for 56 taka which cost him x taka . If he had gained x% on his outlay, what was his cost ?

Hasan sold an article for 56 taka which cost him x taka . If he had gained x% on his outlay, what was his cost ? Correct Answer 40 taka

56 - x /x = x% 56 - x / x = x/100 5600 - 100x = x2 x2 + 100x - 5600 = 0 x2 + 140x - 40x - 5600 = 0 ( x - 40) ( x + 140) = 0 x = 40
Bissoy MCQ

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The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?