Question

Ramesh bought 2 boxes for Rs. 1300. He sold one box at a profit of 20% and other at a loss of 12%. If selling price of both the boxes is the same, find the cost price of each box.​

Answer 1

Answer:

Step-by-step explanation:

Let CP of 1st box be X

Then CP of other box be 1300-X

Now

20%of X=0.2X and 12%ofX=0.12X

SP OF BOTH BOXES ARE SAME

So

X+0.2X = (1300-X)-0.12X

1.2X=1300-1.12X

2.32X=1300

X=560.34 approximately 560

Therefore 1300-X= 740.