Question
A trader sold two items for Rs. 150 each. He sold one at
a profit of 20% and the other at a loss of 25%. What is the difference in their cost prices?Solution
ATQ,
Let CP of the article sold at profit be x and at loss be y.
x = 150 / 1.2 = 125
y = 150 / 0.75 = 200
Required difference = 200 – 125 = Rs. 75
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