Question
A man sells two goods at Rs. 180 each. On one, he makes a
profit of 15%, while on the other he bears a loss of 10%. What is the approximate difference in their cost prices?Solution
ATQ,
Let CP of profit article = x, loss article = y
x = 180 / 1.15 = 156.52
y = 180 / 0.9 = 200
Required difference = 200 – 156.52 = Rs. 43.48 or Rs.43
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