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the difference b.w selling price of two tables is rs.6. One table is sold at profit 4% and other at profit of 5% .
find the cost price and selling price of both tables.
50 points que
Answers
Let the cost price of the article be x.
Given profit is 4% and profit is 5%.
(i) Selling price at a profit of 4% = > 104% of x.
(ii) Selling price at a profit of 5% = > 105% of x.
Given that Selling price of two tables is 6.
= > 105% of x - 104% of x = 6
= > (105/100) * x - (104/100) * x = 6
= > 105x - 104x = 6 * 100
= > x = 600.
Hence, the cost price of tables = 600.
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Now,
(i) Selling price at a profit of 4% = > 104% of 600
= > (104/100) * 600
= > 624.
(ii) Selling price at a profit of 5% = > 105% of 600
= > (105/100) * 600
= > 630.
Therefore,
The cost price of the tables = 600.
The selling price of both tables = 624 , 630.
Hope this helps!