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4. Two almirahs are purchased for 7800. 200 was spent on the transportation. One of them is sold at aprofit of 40% and the other one at a loss of 40%. If the selling price was same in both the cases, find thecost price of each almirah? |
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Answer» Let the selling price of each almirah be x then let the two Almirah be A and B. A is sold at a profit and B is sold at a loss. A: Selling price = x Buying price = 0.6x B: Selling price = x Buying price = 1.40x The buying price of the two is 7800 meaning : 0.6x + 1.4x = 7800 2x = 7800 x = 3900 Buying price of A is : 0.6 × 3900 = 2340 B : 1.4 × 3900 = 5460 Since this is inclusive of transportation cost, we subtract 100 from each to get. A = 2340 - 100 = 2240 B = 5460 - 100 = 5360 |
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