Shyam owns an Electronics Goods Shop. Je sold the TV set for Rs 19550 thus making a profit of 15% on it. He sold a Refrigerator for the same price but incurred a loss of 15% on that. Based on this information answer the following questions. a. The total is p of the TV set and the refrigerator is i. RS 19,500 ii. RS 38,000 iii. RS RS 39,100 iv. Rs 40000 b. The CP of TV set is i. RS 10,000 ii. Rs 15000 iii. RS 17000 iv. RS 19550
Answers
A(iii) 39100
B(iii)17000
Given: Selling price of TV set = Rs. 19,550
Profit on TV = 15%
Selling price of Refrigerator = Rs. 19,550
Loss on Refrigerator = 15%
To find: a) Total Cost price of TV set and Refrigerator
b) C.P. of TV set
Solution: According to the given problem,
S.P. of TV set = Rs. 19,550
Profit = 15%
Using the formula to calculate C.P. when S.P. and profit % is given
.: C.P. = × S.P.
= × 19,550
= 100/115 × 19,550
= Rs. 17,000
C.P. of TV set = Rs. 17,000
Similarly, for Refrigerator
S.P. of Refrigerator = Rs. 19,550
Loss = 15%
Using the formula to calculate C.P. when S.P. and loss % is given
.: C.P. = × S.P.
= × 19,550
= 100/85 × 19,550
= Rs. 23,000
C.P. of Refrigerator = Rs. 23,000
a) Total C.P. of TV set and Refrigerator = C.P. of TV set + C.P. of Refrigerator
= Rs. 17,000 + Rs. 23,000
= Rs. 40,000
b) The C.P. of TV set = Rs. 17,000