Question

a person sells a refrigerator the profit of 10% If he had sold it for 2500 less then he would have experienced 20% loss find the cost price​

Answer 1

Answer:

8333.33 Rs

Step-by-step explanation:

Let say Cost Price of Refrigerator = Rs C

Sold at Profit of 10%

Profit = (10/100)C = 0.1 C  Rs

Selling Price = Cost Price + Profit

=> Selling Price = C + 0.1 C = 1.1C  Rs

20% Loss = (20/100)C = 0.2 C Rs

Selling Price with 20 % Loss = C - 0.2C = 0.8C  Rs

1.1C - 2500 = 0.8C

=> 0.3C = 2500

=> C = 25000/3

Cost Price = 8333.33 Rs