A person buys two watches for Rs. 480. He
sells one watch at 15% loss and the other at
19% profit He then learn that he has sold both
the watches at the same price find the cost
Price of both the watches (In Rupees]
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Step-by-step explanation:
Let the CP of first watch be ₹ x
Then, the CP of second watch = ₹(480-x)
ATQ,
=>85% of x=119% of 480-x
=>85/100 × x =119/100 × (480-x)
=>x = 480×119/204
=280
CP of first watch = ₹ 280
CP of second watch =₹(480-280)
=₹200
SP of first watch = ₹280(85/100)
=₹238
SP of second watch = ₹200(119/100)
=₹238
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