Question

Sushant and Raghuram sold their personal watch to Mohan in a certain amount. Sushant
calculates his profit percentage on the selling price whereas Raghuram calculates his profit on
the cost price. They find that the difference of their profits is $ 275. If the selling price of both
of them are the same and Sushant gets 25% proht whereas Raghuram gets 15% profit, find
thelr selling price.​

Answer 1

Answer:

Sushant and Raghuram sold their personal watch to Mohan in a certain amount. Sushant

calculates his profit percentage on the selling price whereas Raghuram calculates his profit on

the cost price. They find that the difference of their profits is $ 275. If the selling price of both

of them are the same and Sushant gets 25% proht whereas Raghuram gets 15% profit, find

thelr selling price. is 65.

Answer 2

SP of Raghuram = Rs. 3162.50

SP of Sushant = Rs. 3437.50

Explanation:

Raghuram profit = 15% = 15/100 = 3/20

Let Raghuram's CP be x.

Then SP = x + 3/20x

Sushant profit = 25% = 1/4

CP is the same for both. So x.

SP = x + 1/4x

We know that difference in profit is 275.

So 1/4x - 3/20x = 275

5x -3x = 275 * 20

2x = 5500

x = 2750

Cost price is Rs. 2750.

SP of Raghuram = 2750 + 3/20 (2750) =  Rs. 3162.50

SP of Sushant =  2750 + 1/4 (2750) = Rs. 3437.50