Question

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 s.p.of both boxes in the same ,find the c.p. of each box.....ans ts.....

Answer 1

the answer is 750 rupees

Answer 2

Given:

Cost price of box = 1300

Profit = 20%

Loss = 12%

To Find:

Cost price of each box

Solution:

Let CP of one box be = x

Thus, CP of another box = (1300 – x)

Profit on 1st box = 20%

Therefore,

SP of 1st box = x + 20/100x

= 100x + 20x/100

= 120x/100

Loss on 2nd box = 12%

Therefore,

SP of 2nd box = CP – Loss

= (1300 – x)  (1-12/100)

= 1144 – 88x/100

But SP of both boxes is same -

= 120x/100+88x/100 = 1144

= 208x/100 = 1144

x = 1144 ×100/208

x = 114400/208

x = 550

Cp of other = 1300 -x

= 1300 - 550

= 750

Answer: Cp of 1st box is Rs. 550 and CP of 2nd is 750.