Question

A shopkeeper buys two TV of the same typehe sells one of them at a profit of 20% and other at a loss of 5% if the difference in sp is rupee 700 find the cost of each TV set ​.​

Answer 1

Answer:

2800/-

Step-by-step explanation:

let cp of T.V 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 = 700/-

120x/100 - 95x/100 = 700

120x - 95x/100 = 700

120x - 95x = 700.100

25x = 70000

x = 70000/25

x = 2800/-