A shopkeeper bought two TV set of the same type he sells one of them at a profit of 20% and the other at a loss of 5% if the difference in selling price is rupees 700 find the cost price of each TV set
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Step-by-step explanation:
Let CP be x
when profit,
x+20%ofx is 120x/100
when loss,
x-5%ofx is 95x/100
now,
120x/100 - 95x/100 is equal to 700
x is equal to 2800
SP of first Tv is 2800+20%of 2800 is $3360
SP of 2nd TV is 2800-5%of2800 is$2660
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