Question

Rohan bought two telephone sets for Rs. 5150. He sold one at a profit of 10% and the other a loss of 4%. If he received same amount for each telephone set, find the CP of each set.

Answer 1

Let price of 1st set be x
Let price of2nd set be5150-x
For First Set
Amount Received=110x/100
For Second Set
Amount Received=96(5150-x)/100

Also,

110x/100=96(5150-x)/100
Implies that
110x=96(5150)-96x

206x=96*5150
Then x=2400 and 5150-x=2750