Question

two table prices are same,first table sell on 45% profit and second sell on 4000 rs less than first.if total profit is 25% then what is the cost price

Answer 1

Answer:

Step-by-step explanation:

Let price of each table is x rupees.

Then, selling price of first table =x∗100+20100=65x Rs

Now, selling price of second table =65x+340 Rs

Cost price of each both tables =x+x=2x Rs

Selling price of both tables =65x+65x+340=125x+340 Rs

Now, total profit is 24%.

∴2x∗100+24100=125x+340

⇒6225x−125x=340

⇒225x=340

⇒x=170∗25=4250 Rs

So, cost of each table is 4250 Rs.