Question

A company sell 5 Xerox machines at 150000. Company faces loss that is equal to cost price of 2 Xerox machines. What is cost price of 1 Xerox machine.

Answer 1

Answer:

Cost Price of 1 Xerox machine = Rs. 42000

Step-by-step explanation:

Selling price of 5 Xerox machine = Rs. 150000

So, Selling price of each Xerox machine = Rs. 30000

Now, Company faces loss that is equal to cost price of 2 Xerox machines.

⇒ Loss faced by the company = 2 × 30000

                                                   = Rs. 60000

Cost price of 5 Xerox machine = Selling Price + Loss

                                                     = 150000 + 60000

                                                     = Rs. 210000

So, Cost Price of 1 Xerox machine = Rs. 42000

Answer 2

Answer:

Cost price of 1 Xerox machine=Rs 50,000

Step-by-step explanation:

In the above question;

Given:

Selling price of 5 xerox machines= 150000

Let's assume cost price of one xerox machine to be f

Therefore, Loss= 2f

Cost price of 5 xerox machine will be 5f

To find:

Cost price of 1 xerox machine

Solution:

We know the formula of Cost price(when loss is given) as:

CP= SP+loss

5f= 150000+2f

3f= 150000

f= 150000/3

= 50,000

Therefore,cost price of 1 Xerox machine= 50,000

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