A man purchase two tv for rs 43200. by selling on tv at a profit of 15% and other at a loss of 9 % then their is no loss and gain
Answers
Answer:
Concept :
Mathematicians use the profit and loss formula to calculate market prices for commodities and to assess how lucrative a company is. Every product has a cost price and a selling price. We may determine the profit made or loss suffered for a certain product using the values of these prices. Cost price, fixed, variable, and semi-variable costs, selling price, marked price, list price, margin, etc. are some of the key concepts covered in this article. Additionally, this is where we will learn the formula for profit and loss percentages.
Step-by-step explanation:
Given :
C.P. of two TV sets = Rs.43200
Profit on 1st TV set = 7%
Loss on 2nd TV set = 11%
To find :
Cost of each TV
Solution :
Let C.P. of 1st TV be x
So, C.P. of second tv = 43200-x
S.P. of 1st TV = {(100+15)/100} × x
= 1.15x
S.P. of 2nd TV = {(100-9)/100}×(43200-x)
= 0.91 × (43200-x)
But a man does not make a profit or loss so,
1.15x + 0.91 × (43200-x) = 43200
1.15x + 39312 - 0.91x = 43200
0.24x = 43200-39312
0.24x = 3888
x = 3888/0.24
x = 16,200
Cost price of second TV = 43200-16200
= 27,000
•°• The cost price of each TV is Rs.27,000 and Rs.16,200.
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