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    Question

    Jayesh purchased two switch boards at the same price,

    and sold one at a profit of 30% and the other at a profit of 23.5%. If the difference between the two selling prices is ₹780, what is the cost price of each switch board (in ₹)?
    A 12,500 Correct Answer Incorrect Answer
    B 12,000 Correct Answer Incorrect Answer
    C 12,150 Correct Answer Incorrect Answer
    D 12,525 Correct Answer Incorrect Answer

    Solution

    Let the cost price of each switch board be ₹x. Selling prices: First: 1.30x Second: 1.235x Difference = ₹780 So, 1.30x − 1.235x = 0.065x = 780 x = 780 ÷ 0.065 = 12,000 Cost price of each switch board is ₹12,000.

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