ravi bought two tractor for 70000 rs . by selling one at profit of 20% and other at loss of 10%,he found that selling price of both the tractor was coming out to be same. find cost price of each tractor.
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Step-by-step explanation:
Given :-
- ravi bought two tractor for 70000 rs .
- by selling one at profit of 20%
- other at loss of 10%
- he found that selling price of both the tractor was coming out to be same
T0 Find :-
- find cost price of each tractor
Solution :-
For ravi
CP = 70000
SP =(95/100)×70000=66500
For 2nd farmer-
CP= 66500
SP=(90/100)×66500=59850
For 3rd farmer -
CP=59850
- Hence cost price of each tractor is 59850
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