A shopkepper sold two articles each at Rs 1560.he secured 20 % profit on first and 30% profit on other. what was the total cost price of both the articles
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For the first article -
Let the CP be x.
Profit % ( r) = 20%
SP = ₹1560
SP = 1+r/100 * CP
₹1560 = 1+ 20/100 * CP
₹1560 = 120/100 * CP
₹1560 = 1+ 20/100 * CP
CP = ₹1560 *100/120
= ₹1300
For the second article -
Let the CP be x.
Profit % (r) = 30%
SP = ₹1560
SP = 1+r/100 * CP
₹1560 = 1+ 30/100 * CP
₹1560 = 130/100 * CP
CP = ₹1560 *100/130
= ₹1200
Total CP of both the articles = ₹1300 + ₹1200
= ₹2500
Ans.= The total cost price of both the articles is ₹2500.
Let the CP be x.
Profit % ( r) = 20%
SP = ₹1560
SP = 1+r/100 * CP
₹1560 = 1+ 20/100 * CP
₹1560 = 120/100 * CP
₹1560 = 1+ 20/100 * CP
CP = ₹1560 *100/120
= ₹1300
For the second article -
Let the CP be x.
Profit % (r) = 30%
SP = ₹1560
SP = 1+r/100 * CP
₹1560 = 1+ 30/100 * CP
₹1560 = 130/100 * CP
CP = ₹1560 *100/130
= ₹1200
Total CP of both the articles = ₹1300 + ₹1200
= ₹2500
Ans.= The total cost price of both the articles is ₹2500.
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