The total cost price of the two flower pots is rs 2700 one us selling at 15 percent profit and other is selling at 20percent profit if total profit after selling them rs 480.find the cost price of each flower pot.
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Given:
The cost price of the two flower pots is Rs.2700.
One is selling at 15% profit.
Another is selling at 20% profit.
Total profit after selling them = 480.
Solution:
Let the CP of one flower pot be x and of the other be 2700 - x.
Therefore,
Profit made by one shopkeeper
= 15% of x
= 3x/20
Profit made by another shopkeeper
= 20% of (2700 - x)
= (2700 - x)/5
Now, ATQ.
3x/20 + (2700 - x)/5 = 480
=⟩ [3x + 4(2700 - x)] / 20 = 480
=⟩ (3x + 10800 - 4x) / 20 = 480
=⟩ (3x + 10800 - 4x) = 9600
=⟩ -x + 10800 = 9600
=⟩ -x = -1200
=⟩ x = 1200
Answer:
CP of 1st pot = x
= Rs.1200
CP of 2nd pot = 2700 - x
= 2700 - 1200
= Rs.2500
Hope this helped you, cheers :)
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