A man sells a TV set for Rs.13800 and marks a profit of 15%. He sells a second TV set at a loss of 10%. If on the whole he gains Rs.750, find the cost price of the second TV set.
Answers
SOLUTION
Man gets 15% profit on first T.V.
⇒ C.P. of 1
st
T.V =
100+Profit%
100
×S.P.=
100+15
100
×6900= Rs. 6000.
Therefore, profit on 1
st
T.V. = Rs. 6900−6000= Rs. 900.
So, the loss on second T.V. is Rs. 900.
Loss%=10%
Loss%=
C.P.
Loss
×100
⇒ 10=
C.P.
900
×100
⇒ 10=
C.P.
90000
⇒ C.P.= Rs. 9000
Thus cost price of second T.V. is Rs. 9000.
Step-by-step explanation:
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