Question

A shopkeeper buys two t.v sets of thesame type. he sells one of them at aprofit of 20% and the other at a loss of 5%. if the difference in selling price is 700 rupees, find the cost price of each t.v set.

Answer 1

hello ☺


Let cp of the tv be Rs x

SP at 20%gain=Rs(x . 120/100)

and its SP at 5% Loss=Rs(x .95/100)

difference in two selling price=Rs 700

120x/100 - 95x/100 = 700

120x - 95x /100 =700

120x - 95x =700 .100

25x = 70000

x = 70000/ 25

x = Rs 2800



thank you