Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
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Let cp of boxes = x,1300-x
SP= (100+%por-%l )/100* CP
120/100x= 88/100*(1300-x)
120x = 114400-88x
208x= 114400
X= 114400/208 =550
So CP of one box is ₹550
And other is ₹ 1300-550= ₹750
SP= (100+%por-%l )/100* CP
120/100x= 88/100*(1300-x)
120x = 114400-88x
208x= 114400
X= 114400/208 =550
So CP of one box is ₹550
And other is ₹ 1300-550= ₹750
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