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By selling a tv set, a retailer suffered a loss of 5%. Had he sold for 2880 more, he would have earned a profit of 10%. What was the C.P of tv set |
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Answer» 19200Step-by-step EXPLANATION:Loss incurred on selling TV = 5% Let the CP of the TV = x SP of the TV = 0.95x New SP of the QUESTION = (0.95x + 2880) Profit = (0.95x + 2880) - x = (2880 - 0.05x) Profit = (2880 - 0.05x) - x Profit % = {[(2880 - 0.05x) - x] / x} × 100 10 = {[(2880 - 0.05x) - x] / x} × 100 10/100 = {[(2880 - 0.05x) - x] / x} x = 28800 - 0.05x 1.5x = 28800 x = 28800 / 15 x = 19200 |
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