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Two items A and B are sold at a profit o...

Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be?

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To solve the problem step by step, we will denote the cost prices of items A and B as CP_A and CP_B respectively. ### Step 1: Understand the Profit Percentages - Item A is sold at a profit of 10%. - Item B is sold at a profit of 15%. ### Step 2: Express Selling Prices in Terms of Cost Prices - The selling price (SP) of item A can be expressed as: \[ SP_A = CP_A + 0.10 \times CP_A = 1.10 \times CP_A \] - The selling price (SP) of item B can be expressed as: \[ SP_B = CP_B + 0.15 \times CP_B = 1.15 \times CP_B \] ### Step 3: Set the Profits Equal Since the profit from both items is the same, we can set up the equation: \[ SP_A - CP_A = SP_B - CP_B \] Substituting the expressions from Step 2: \[ (1.10 \times CP_A - CP_A) = (1.15 \times CP_B - CP_B) \] This simplifies to: \[ 0.10 \times CP_A = 0.15 \times CP_B \] ### Step 4: Rearranging the Equation Rearranging the equation gives us: \[ \frac{CP_A}{CP_B} = \frac{0.15}{0.10} = \frac{15}{10} = \frac{3}{2} \] This means that the cost price of A is to the cost price of B in the ratio of 3:2. ### Step 5: Assign Values to Cost Prices Let’s assign a value to CP_B. If we let: \[ CP_B = 2x \quad \text{(for some value } x\text{)} \] Then: \[ CP_A = 3x \] ### Step 6: Possible Values of Cost Prices Now, we can express the cost prices of A and B as: - Cost Price of A (CP_A) = 3x - Cost Price of B (CP_B) = 2x If we choose a specific value for \(x\), we can find specific cost prices. For example, if \(x = 20\): - CP_A = 3 * 20 = 60 - CP_B = 2 * 20 = 40 ### Conclusion Thus, the possible cost prices of A and B are: - Cost Price of A = 60 - Cost Price of B = 40
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