Question

Varun purchased two TV sets for 30,000. He sold one at a loss of 15% and the other at a gain of 19%. The selling price in both cases was the same. Find the cost price of each TV set.

Answer 1

Step-by-step explanation:

A] Two TV sets = 30,000 1 each

1st set = CP = 30,000

C = 15%

SP=

100

100−15

×30000

=85×300

∴ SP =25500

2nd set = CP = 30000

P = 19%

SP=

100

100+19

×30000

=119×300

∴ SP = 35000