Question

a shopkeeper buys two t.v. sets 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 prices is ₹700 , find the cost price of each t.v. set

Answer 1

Hi friend!

Here is your Answer!

let the cp of each TV set be X
profit= x×20/100

profit = X/5

sp = CP+ profit

SP = X + X/5

sp= 6x/5

Sp of second TV set

sp = cost- loss
SP = X -X/20
sp = (20x-x)/20

sp = 19x/20

Now difference in selling price

6x/5 - 19x/20 = 700

Lcm here 20

(24x-19x)/20 = 700

5x = 700×20
5x = 14000
X = 14000/5

X = 2800

so CP of each TV set is 2800Rs Ans

Hope it's helpful ✌✌

Answer 2

mark as brainlist

hope it helps you