Question
A person named 'X' purchased a
mobile phone and a headphone. He sells the mobile phone at a 20% profit and the headphone at a 10% profit. However, if he were to sell the mobile phone at a 25% profit and the headphone at a 20% profit instead, his total profit would increase by βΉ550. What is the ratio of the cost price of the mobile phone to that of the headphone?Solution
ATQ, Let the cost price of the mobile = 'm' And the cost price of the Headphone = 'h' m Γ 125/100 + h Γ 120/100 β (m Γ 120/100 + h Γ 110/100) = 550 5m+10h = 55000 m + 2h = 11000
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