A businessman makes a profit by selling a sofa set for rupees 45000. when same sofa set to sold for 39000 the businessman incurs a loss that is equal to the profit earned in the earlier situation. the cost price of the sofa set is?
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Answer:
the cost price of the sofa is 42000
Step-by-step explanation:
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gangagesanp6cd1p:
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ok
question says he has a profit of x by selling the sofa for 45000. later he sold it for 39000 and he has the same amount of loss as the amount of profit he had.
so basically the loss and the profit have to be the same
so there is only 1 possibility. that is 3000 profit and 3000 loss respectively
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so the cost price of the sofa is 42000
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