Question

Ravi bought two
tractors for 70,000
By selling one at a
profit of 20% and
the other at a loss of
10%, he found that
the selling price of
both the tractors was coming out to be the same.
Find the CP of each tractor.
​

Answer 1

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