Question

Suman bought two scooters for Rs. 9000. By selling one at a profit of 25% and the other at a loss of 20%, he neither gains nor loses. Find the cost price of each scooter

Answer 1

Let cost of scooters be x and y.

hence x+y=9000-------->2

given there is 25% profit on one watch .Hence sp of one watch is (x+(25/100)x)

and the other at a loss of 20%.hence sp will be (y-(20/100)y)

he neither gains nor loses i.e.,he sold for 9000.

from this we ccan write (x+(25/100)x)+ (y-(20/100)y)=9000---------->2

on solving 1 and 2 we get y=5000 and x=4000