a shopkeeper buys two tv sets of same type he sells one of them at a profit of 20% a the other at loss of 5% . if the difference in selling price is 700 find the cost price of each tv set
Answers
Answered by
2
Answer:
₹2800
Step-by-step explanation:
Let the C.P of each T.V set be Rs.x
∴ S.P of first T.V Set=x+
100
20x
=
100
120x
S.P of second T.V Set=x−
100
5x
=
100
95x
According to the question, difference in selling prices=700
∴
100
120x
−
100
95x
=700
⇒
100
25x
=700
⇒x=2800
Thus, C.P of each T.V set=Rs.2800
Similar questions