A person bought two sofa-sets for Rs 2800. He sold one
at a gain of 35% and the other at a gain of 45% and he
found that each sofa-set was sold at the same price,
Find the cost prices of the two sofa-sets.
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Answer:
CP of 1st sofa = sp × 100/100+p%
CP of 1st sofa = ₹37,500
CP of 2nd sofa = sp × 100/100-L%
CP of 2nd sofa = ₹52941.17
Total CP = 52941.17 + 37500
Total CP = ₹90441.17
Total SP = 45000 + 45000
Total SP = ₹90000
CP > SP = loss
loss = CP - SP
loss = 90441.17 - 90000
loss=₹441.17
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