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Profit and Loss
A person bought two watches for Rs.480. He sold one at a loss of 15% and the other at a gain of 19% and he found that each watch was sold at the same price. Find the cost price of the two watches.
Read Solution (Total 3)
-
- CP1 = 200
CP2 = 280 - 10 years agoHelpfull: Yes(1) No(0)
- Let c.p. of 1st watch=Rs. x. Then c.p. of 2nd watch=Rs.(480-x)
A/q,
85% of x=119% of (480-x)
Solving we get,x=Rs.280
So, c.p of 1st watch= Rs. 280 and c.p of 2nd watch=Rs.(480-280)=Rs. 200. - 6 years agoHelpfull: Yes(1) No(0)
- (119/100)CP1=CP2(85/100) (since both sp are equal)
cp1+cp2=480
cp1=cp1
cp2=cp1(119/85)
by solving we get
cp1=200;
cp2=280;
here we use the formulae
cp=(100/(100+g)100)sp
for loss replace + with - and g with l - 10 years agoHelpfull: Yes(0) No(3)
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