two items were bought at the same cost one was sold at a profit of 10% and the other at a profit of 15%. If the difference in their profit is rupees 7.5 find the cost price of each item.
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Step-by-step explanation:
For 1st item,
Cost price = y , Selling price = x;
10%profit on y will be (110*y)/100 ;
so, x=(110*y)/100;
x=(11*y)/10 .........(1);
For 2nd item,
cost price = z , Selling price =x ;
10% loss on z will be (90*z)/100 ;
so, x=(90*z)/100;
x=(9*z)/10 ........(2);
from (1) & (2),
11*y=9*z;
so y/z=9/11;
so lets put y as 9 and z as 11;
x=(90*11)/100 ;
x=99;
now if the selling price of both is 99 each;
cost price of 1st item will be 90 and cost price of 2nd item will be 110;
total cost price = 90+110 =200;
total selling price = 99+99 =198;
Percentage loss = ((200-198)*100)/200;
Percentage loss = 1%
:)
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