Math, asked by AntonyAkash5707, 11 months ago

A salesman has the liberty to sell a hair dryer in his store at a price between rs. 300 and rs. 700 . Profit earned by selling the hair dryer for rs. 650 is twice the loss incurred when it is sold for rs. 350 . What is the cost price of the hair dryer?

Answers

Answered by itzshrutiBasrani

12

Take the Cost Price as Rs 450.

Profit = 650 – 450 = 200

Loss = 350 – 450 = 100

Clearly profit is twice the loss incurred.

Hence, Rs 450 is the cost price of the hair dryer.

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