Ramesh bought two boxes for 1300. He sold one box at a profit of 20% and the other at a loss of 12% . If the selling price of both the boxes are same find the cost price of each box
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Step-by-step explanation:
explained above by two variable method
explained by my father
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Given:-
- Ramesh bought two boxes for 1300.
- one box at a profit of 20% and the other at a loss of 12% .
To find:-
- Find the cost price of each box..?
Solutions:-
- Let the cost price of the first box be Rs. x.
- The cost of the second box be Rs. (1300 - x)
- Profile on the first box = 20%
- Loss on the second box = 12%
Since, SP of both box are equal.
⟹ 6x/5 = (28600 - 224 / 25)
⟹ 150x = 143000 - 110x
⟹ 260x = 143000
⟹ x = 143000/260
⟹ x = 550
The cost price of the first box is Rs. 550.
The cost price of the second box be (1300 - 550) = Rs. 750.
Hence, the cost price of first box is Rs. 550 and second box is Rs. 750.
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