Ganesh sold two cupboards for₹9240 each.on one cupboard he gained 20% and on the other he lost 20% find a) the cost price of the both the cupboard. b) profit or loss in whole transaction
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Answer:
a) 7700 and 11550
b) 770
Step-by-step explanation:
let the cost price of two cupboard be a and X
cost price of 1st cupboard= selling price - profit
a = 9240 - 0.2a
a = 7700
cost price of 2nd cupboard= selling price + loss
X= 9240 + 0.2x
x= 11550
total cost price= 11550 + 7700= 19250
net loss = (11550×20%)-(7700×20%)
net loss=2310-1540=770
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