The loss incurred on selling a washing machine for ₹15000 is the same as the profit made by selling the washing machine for ₹16000. Find the cost price of the washing machine.
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Answer:
₹ 15,500
Step-by-step explanation:
Loss = profit
Sp - Cp = Cp - Sp ( let Cp = C)
₹ 16,000 - C = C - ₹ 15,000
₹ 16,000 + 15,000 = 31,000
C = 31,000/2 = ₹ 15,500
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