Question

By selling a watch at Rs1500 and RS 2000, some loss and some profit are happened respectively. If the loss and profit are equal,find it's cost price.
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Answer 1

Correct answer:-

By selling a bag at Rs 1500 and Rs 2100, there is some loss and some profit respectively. If the loss is twice the profit, what is its cost price?

Solution:-

A bag is sold at 1500 ( at loss) and 2100 (at profit)

The loss is twice the profit

Let the profit be ‘x’

So, loss will be '2x'

Now, Selling Price = Cost - Loss or

Cost = Selling Price + Loss

and Selling Price = Cost + Profit or

Cost = Selling Price - Profit

In case of Loss,

Cost = Selling Price + Loss

Cost = 1500 + 2x

In case of Profit,

Cost = Selling Price - Profit

Cost = 2100 - x

Combining both the equations we get

1500+ 2x = 2100- x

3x = 2100 – 1500

3x = 600

x = 200

Profit = 200

Cost = Selling Price - Profit

Cost = 2100 - 200

Cost = 1900.

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#MichAditi✨✌️

Answer 2

Answer:

I don't know dear friend

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