The CP of two watches taken together is ₹ 13440. By selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction. Find the individual cost prices of the two watches.
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Step-by-step explanation:
Given:-
- The CP of two watches taken together is ₹ 13440. By selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction.
To Find:-
- The individual cost prices of the two watches.
Solution:-
✇ Let the CP of 1st watch be Rs.x
✇ CP of 2nd watch = Rs. (13440 - x)
Since there is no loss or gain in the whole transaction, so, the combined SP of the two watches = combined CP of the two = ₹ 13440
❒ CP of 1st watch = ₹ 5760
❒ CP of 2nd watch = 13440 - 5760
⇨ ₹ 7680
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