James bought two articles for Rs 1800. He sold one of them at a profit of 15% and the other at loss of 8%. If he received the same amount for each article, find the cost price of the articles
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Question :-
James bought two articles for Rs 1800. He sold one of them at a profit of 15% and the other at a loss of 8%. If he received the same amount for each article, find the
cost prices of the articles.
Answer :-
- First Article = Rs. 800.
- Second Article = Rs. 1000.
Given
❥ James bought two articles for Rs 1800.
❥ He sold one of them at a profit of 15% and the other at a loss of 8%.
❥ He received the same amount for each article.
To Find :-
Find the cost prices of the article ?
SoLuTioN :-
Here we go !
So, let's find out selling price firstly ,
For the first article :-;
SP= {100+G\%}{100}*CP}
For the second article :-
Now,
SP_{(1st)} = SP_{(2nd)}}
Hence ,
First Article = Rs. 800.
Second Article = Rs. 1000.
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