The CP of two watches taken together is 840. If by selling one at a profit of 16% and the other at a
loss of 12, there is no gain or loss in the whole transaction then find the CP of each watch
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The CP of first watch is 360
The CP of second watch is 480
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Answer:
CP of first watch is Rs. 360 and second watch is 840 - 360 = Rs. 480
Step-by-step explanation:
Let cost price of one watch be Rs. x
Cost price of second watch is Rs. (840 - x)
Selling price of first watch = 116 x/100
Selling price of second watch = 88(840 - x)/100
According to the question,
840 = 116x/100 + 88(840 - x)/100
Solving this we get x = Rs. 360
CP of first watch is Rs. 360 and second watch is 840 - 360 = Rs. 480
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