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A Merchant Buys Two Items For Rs. 7500. One Item He Sells At A Profit Of 16% And The Other Item At 14% Loss. In The Deal, The Merchant Makes Neither Any Profit Nor Any Loss. What Is The Difference Between The Selling Price Of Both The Items? |
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Answer» LET the C.P of one ITEM is Rs. P and that of other is Rs. (7500 - P) According to the data given C.P = S.P => Px(116/100) + (7500-P)x(86/100) = 7500 => 30P = 105000 => P = 3500 Required difference between SELLING prices = Rs. [(3500/100) x 116] - [(4000/100) x 86] = 4060-3440 = Rs. 620. Let the C.P of one item is Rs. P and that of other is Rs. (7500 - P) According to the data given C.P = S.P => Px(116/100) + (7500-P)x(86/100) = 7500 => 30P = 105000 => P = 3500 Required difference between selling prices = Rs. [(3500/100) x 116] - [(4000/100) x 86] = 4060-3440 = Rs. 620. |
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