Question

two almirah are purchased for 7800 rupees .200 rupees was spent on the transportaion .one of them is sold at a profit of 40%and the pther at a loss of 40% .if the selling price was same in both the cases .find the cost price of almirah

Answer 1

Let the selling price of each almirah be x then let the two Almirah be A and B.

A is sold at a profit and B is sold at a loss.

A:

Selling price = x

Buying price = 0.6x

B:

Selling price = x

Buying price = 1.40x

The buying price of the two is 7800 meaning :

0.6x + 1.4x = 7800

2x = 7800

x = 3900

Buying price of A is :

0.6 × 3900 = 2340

B :

1.4 × 3900 = 5460

Since this is inclusive of transportation cost, we subtract 100 from each to get.

A = 2340 - 100 = 2240

B = 5460 - 100 = 5360