kumar maya purchased two cows for 1300.she sold one cow at a profit 20% and another
cow at loss of 12% if the sale price for both the cows are same, find the purchase price for each cow. answer pdf
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Answer:
CP of first cow =550 ; CP of 2nd cow =750
Step-by-step explanation:
Let,
CP1 and SP1 for 1st cow
CP2 and SP2 for 2nd cow
Given,
each cow was sold for the same price
SP1=SP2
Let CP1=x
CP2=(1300-x)
We know that SP=((100+gain)/100)*CP
SP1=(100+gain)/100*x
SP2=(100-loss)/100*(1300-x)
(120/100)*x=(88/100)*(1300-x)
120x=1300*88-88x
208x=1300*88
x=550 (CP1)
1300-550=750 (CP2)
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