Question

A merchant buys two items for 7500 one item he sells at a profit of 16℅ and the other item at 14 % loss.what is the difference between selling price of both the items?​

Answer 1

Answer:

Let the C.P of one item is Rs. P

and that of other is Rs. (7500 - P)

According to the data given

C.P = S.P

=> Px(116/100) + (7500-P)x(86/100) = 7500

=> 30P = 105000

=> P = 3500

Required difference between selling prices

= Rs. [(3500/100) x 116] - [(4000/100) x 86]

= 4060-3440

= Rs. 620

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