A man bought two TV sets for Rs 42500.He sold one at a loss of 10% and other at a profit of 10%. If the selling price of each TV set is same determine the cost price of each set.
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Let c.p of first tv is "x" then c.p of other things is (42500-x)
Loss=10%= 90%of "x"
Profit=10%= 110% of(42500-x)
According To question,
90%of "x" = 110% of (42500-x)
Solve above eaquation and find the value of "x" it will give you price of first tv and when you substract it from 42500 it will give the price of second one.
Loss=10%= 90%of "x"
Profit=10%= 110% of(42500-x)
According To question,
90%of "x" = 110% of (42500-x)
Solve above eaquation and find the value of "x" it will give you price of first tv and when you substract it from 42500 it will give the price of second one.
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The man solds one tv at a loss of 10%.
So the selling price = x-0.1x= 0.9x
The another tv is sold at a profit of 10%.
Selling price
=(42500-x)+{(42500-x)×0.1(42500-x)}
=46750-1.1x
a/q 0.9x=46750-1.1x
=> 2x=46750
=> x=23375
And the cost price of another tv
= 42500-x
=42500-23375
=19125