18. By selling a TV set a retailer suffered a loss of 5%. Had he sold it for 2,880 more, he would have received a profit of 10%. What was the C.P. of the TV set ?
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Answered by
1
He get profit of 10%
And he loss 5 %
10%-5%
So the C. p = 5%
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Answered by
1
Answer:
18,240
Step-by-step explanation:
Let the retailer sell the TV at X
If he Had sold at X +2,880
He would have gain 10% profit
CP=SP*100/100+profit
(X+2,880)/110
And CP=SP*100/100-Loss
X/95
Equation Forms
X/95=(X+2,880)/110
110 X=95*(X+2,880)
110 X= 95 X+273,600
110 X-95 X=273,600
15 X=273,600
X=273,600/15
18,240
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