Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20 % and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.

Explanation

To solve the problem step by step, we will first define the variables and then set up equations based on the information provided.

### Step 1: Define Variables
Let the cost price of the first box be \( x \).
Then, the cost price of the second box will be \( 1300 - x \) (since the total cost of both boxes is Rs 1300).

### Step 2: Calculate Selling Price of the First Box
The first box is sold at a profit of 20%.
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