Question

Man sells tv set for Rs. 3450 and makes profit 15% . He sells another tv at a loss of 10% . If there is no loss or gain in the whole transaction find the selling price of the second tv.

Answer 1

hope the ans is correct .....

Answer 2

Solution :-

Selling price of 1st TV set = Rs. 3450

Profit on 1st TV set = 15 %

Cost Price = 100*Selling Price/(100 + Profit Percentage)

Cost Price of 1st TV set = 100*3450/(100 + 15)

C.P. of the 1st TV Set = Rs. 3000

Now, profit on selling the 1st TV set = Loss on the selling the second TV set.

⇒ Loss = Rs. 450

Now,

Loss = 10 % = Rs. 450

Loss % = (Loss*100)/C.P.

⇒ 10 = (450*100)/C.P.

⇒ 10 C.P. = 45000

⇒ C.P. = 45000/10

⇒ Cost price of the 2nd TV Set = Rs. 4500

Selling price = Cost price - Loss

⇒ Selling Price = 4500 - 450

Selling Price of the 2nd TV set is Rs. 4050

Answer.