Practicing Success
Total cost price of two watches is Rs.6000 and selling price of each is equal. 1st is sold at 15% loss and 2nd is sold at 19% profit. Find the cost price of watch which is sold at 15% loss. |
Rs.3000/- Rs.4500/- Rs.3500/- Rs.3400/- |
Rs.3500/- |
C.P. : S.P. 1st : 20 : 17 ........(i) [15% = \(\frac{3}{20}\)] 2nd: 100 : 119 [19% = \(\frac{19}{100}\)] ATQ, (S.P. is same), therefore multiple (i) by 7
C.P. : S.P. 1st : 140 : 119 2nd: 100 : 119 240 (total C.P.)
⇒ 240R = 6000 (given) ⇒ 1R = 25 Hence, C.P. of 1st article = 140R = 140 × 25 = Rs.3500/- |