Question

A TV set is sold at RS 10,525 at a profit of RS 925. What was the cost price of the TV set? *​

Answer 1

Solution :-

As the cost price of both the TV sets is not mentioned.

We shall assume that the cost price of each of the TV sets is Rs. 100  

Then, according to the question.

Situation 1 -

Sold at a loss of 15 %

Cost price - loss = selling price

100 - (100*15%)/100

⇒ 100 - 15

⇒ Selling price of 1st TV set = Rs. 85

Situation 2 -

Sold at a profit of 15 %  

Selling price = Cost price + profit

⇒ 100 + (100*15%)/100

⇒ 100 + 15

⇒ 115

so, the selling price of the 2nd TV set is Rs. 115

Now, overall gain or loss :-

S. P. of both TV sets = Rs. 85 + Rs. 115

= Rs. 200

Cost prices of two TV sets = 100 + 100

= Rs. 200

So, the cost price and the selling prices are same.

Rs. 200 - Rs. 200 = 0

Therefore, there is neither gain nor loss.

the answer is there in the up solution

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Answer 2

Answer:

9600

Step-by-step explanation:

cost prise = sold prise - profit

=10525 - 925

=9600