Y. A shopkeeper bought two fans for 5000. He sold one at a profit of 10% and the other
at a loss of 10%. If the SP of both the fans are equal, find the cost price of each fan.
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Answer:
Rs.2250 and Rs.2750
Step-by-step explanation:
let the CP of one fan be x
and other 5000-x
SP when P%=10%,
CP=x
SP=CP×(100+P%)/100
SP= X×110/100
SP(A)=11X/10
SP when loss=10%
CP=5000-X
SP=CP×(100-L%)/100
SP=(5000-X)(100-10)/100
SP=(5000-X)(90)/100
SP(B)=9(5000-X)/10
given SP of both fans are same
so
SP(A)=SP(B)
11X/10=9(5000-X)/10
11X=9(5000-X)
11X=45000-9X
20X=45000
X=2250
so CP of the fans are
X and 5000-X
Rs.2250 and Rs.2750
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