A shop keeper bought two projectors for Rs 50,000. He sold one at a profit of 5% and other at a loss of 5%. If the selling price of each projector is same, determine the CP of each projector.
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Answer:
it is simple
CP¹ = 50000×5/100 =2500
SO CP = 52500Rs
CP² = 50000-2500 = 47500
Step-by-step explanation:
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Given: A shop keeper bought two projectors for Rs 50,000. He sold one at a profit of 5% and other at a loss of 5%. The selling price of each projector is the same.
To find: The C.P. of each projector.
Solution:
- Let the cost of one projector be x and the other projector be (50000 - x).
- So, the cost of one of the projector can be calculated as,
- Here, S.P. is the selling price, C.P. is the cost price, 5/100 indicates the 5% and the plus sign indicates profit.
- So, the cost of the other projector can be calculated as,
- Here, the minus sign indicates loss.
- Since the selling price of each projector is the same, they must be equated as follows,
- So, the value of x is 23750 and the value of (50000-x) is 26250.
Therefore, the C.P. (cost price) of one projector is Rs.23750 and of the other projector is Rs. 26250.
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