arnav bought a disinger clock at a the same price he sold the wall clock at 10% profit and sold the wall clock at 5% profit. if if the total selling price of the items was 4300 find their cost price
Answers
Answered by
1
Cost Price of wall clock Rs.1820
Cost Price of watch Rs.3250
Solution:
Given:
Total purchased price of wall clock and watch = Rs.5070
Profit on wall Clock = 10 %
Profit on watch = 15 %
Total Profit = Rs.669.50
Let price of watch = B
Let price of clock = 5070 – B
(B \times 15 \%)+[(5070-B) \times 10 \%]=669.5(B×15%)+[(5070−B)×10%]=669.5
0.15B + 507 - 0.10B = 669.5
0.05B + 507 = 669.5
0.05B = 669.5 - 507= 162.5
B = \frac{162.5}{0.05}
0.05
162.5
= 3250
Price of clock = 5070 - 3250 = 1820
Price of watch = 3250
Similar questions