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Sushant and Raghuram sold thelr personal watch to Mohan In a certain amount. Sushant calculates his profit percentage on the selling price whereas Raghuram calculates his profit onthe cost price. They find that the difference of their profits is $ 275. If the selling price of bothof them are the same and Sushant gets 25% profit whereas Raghuram gets 15% profit, findtheir selling price. |
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Answer» 300Explanation:Cost PRICE (CP) is the price at which an ITEM is purchased. Selling price (SP) is the price at which an item is sold. If selling price(SP) is more than cost price (CP) it means profit/gain occurs. If selling price (SP) is LESS than cost price (CP) it means loss occursFormulasprofit percentage = (profit × 100) /cost priceLoss percentage = (loss × 100) /cost priceLet Sushant's cost price be 125a/100 and cost price of RAGHURAM be 100a/115.According to the question, we have125a/100 - 15a/115 = 275(575a-300a)/2300 = 275275a/2300 = 275a = 2300To know moreif the ratio of cost price and selling price of an article 5:4,what is the ...brainly.in/question/1694374 |
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