Question
Ajay bought a table Fan and a wall Fan for Rs. __ and
Rs. 1500 respectively. He marked the table Fan 20% above the cost price and the Wall fan 25% above the cost price and allowed a discount of Rs. 125 on the wall fan. He sold the table Fan for Rs. __ and the profit earned on the table Fan is equal to the profit earned on the wall fan. I.  1000, 1200 II.  1600, 1850 III. 1300, 1560 IV. 1400, 1650Solution
ATQ, we can say that Let CP of Table Fan = Rs.'a' , Then CP of wall Fan = 1500 Rs. MP of Table = 1.2a Rs. MP of Wall fan = 1.25 × 1500 = 1875 Rs. SP of wall fan = 1875 – 125 = 1750 Rs. , Profit = 1750 – 1500 = 250 Rs. SP of Table = a + 250 Rs. I.  a = 1000, SP of Table = 1000 + 250 = 1250 Rs. II  a = 1600, SP of Table = 1600 + 250 = 1850 Rs. III a = 1300, SP of Table = 1300 + 250 = 1550 Rs. IV a = 1400, SP of Table = 1400 + 250 = 1650 Rs.
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