Question

On selling a TV at 5% profit and a fridge
at 10% profit. The shop owner gets a gain
of Rs. 2000. If he sells the TV at 10%
profit and fridge at 5% loss, then he gains
Rs.1,500. Find the actual prize of TV and
fridge.​

Answer 1

Answer:

actual price of TV=20000

actual price of fridge=10000

Step-by-step explanation:

let actual price of TV be x

let actual price of fridge be y

FOR FIRST CONDITION,

profit gained by TV=5x/100

=x/20

profit gained by selling fridge=10y/100

=y/10

total profit=2000

x/20+y/10=2000

x/20+2y/20=2000

x+2y=40000-------1

by second condition,

profit gained by selling TV=10x/100

=x/10

loss incurred by selling fridge=5y/100

=y/20

Net profit=1500

thus,

x/10-y/20=1500

2x/20-y/20=1500

2x-y=30000-------2

solving simultaneous equations 1and 2,

x=20000

y=10000

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