a man purchased two watches at rupees 1025 he sold the watches at the same price in one watch there was a profit of 20% and in the other watch there was a loss of 15% find the cost price of each watch
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Let the price of the 2 watches be x and y.
Thus x+y=560
Now let x be sold at 15% profit and y be sold at 10% loss.
Thus 115x+90y=56000
Or 115x+90(560-x)=56000
Or 115x-90x+50400=56000
Or 25x=5600
Or x=224
Thus y=336
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