Radha bought a fridge and a washing machine together for ₹57300. She sold the fridge at a profit of 15% and washing machine at a loss of 24% and both are sold at the same price. The cost price of washing machine(in ₹) is:
Answer & explanation
Correct answer: option 2
We have,
The cost price of fridge and washing machine = 57300
We know that,
15% = \(\frac{3}{20}\) (Profit)
24% = \(\frac{6}{25}\) (Loss)
Now, according to the question,
CP SP
Fridge 20 23
Washing machine 25 19
Multiply by 19 and 23 as given below for making selling price same,
CP SP
20 23) × 19
25 19) × 23
=
CP SP
380 437
575 437
Now according to the question,
380 + 575 = 57300
955 = 57300
1 = 60
then, 575 = 34500