Home
Class 12
MATHS
The cost prices of two tables a same. On...

The cost prices of two tables a same. One is sold at a profit of and the other more than the first one. If the overall profit earned after selling the tables is 24%, what is the cost price of each table (B) R 3500 (A) R 4400 (C) R 4800 (D) 4250 (E) R 3820

Text Solution

Verified by Experts

Let price of each table is `x` rupees.
Then, selling price of first table `= x**(100+20)/100 = 6/5x` Rs
Now, selling price of second table `= 6/5x+340` Rs
Cost price of each both tables `= x+x = 2x` Rs
Selling price of both tables ` = 6/5x+6/5x+340 = 12/5x+340` Rs
Now, total profit is `24%`.
`:. 2x**(100+24)/100 = 12/5x+340`
`=>62/25x -12/5x = 340`
...
Promotional Banner

Similar Questions

Explore conceptually related problems

Cost price of two motorcycles is same. One is sold at a profit of 15% and the other for Rs. 4800 more than the first. If the net profit is 20%. Find the cost price of each motorcycle.

The cost price of two articles is the same. One is sold at 10% profit and the other is sold at 10% loss. What is the effective profit/loss percentage ?

The cost prices of articles A and B are the same. A is sold at 20% profit, whereas B is sold for Rs 54.60 more than the selling price of A. If the overall profit earned on selling A and B is 28%, then what is the cost price of each article?

The selling price of two articles is the same. One is sold at 25% profit and the other is sold at 25% loss. What is the effective profit/loss percentage?

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.

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.