Ramesh bought two boxes for Rs 1300.He sold one box at a profit of 20% and the other box at a loss of 12%.If the s.p.of both boxes in the same ,find the c.p. of each box.....ans ts.....
Given: Ramesh bought two boxes for Rs 1300. Let the cost price (C.P.) of one box be Rs x.
Then the C.P. of other box will be Rs (1300 – x).
Now profit on first box = 20% of x
and loss on other box = 12% of (1300 – x)
But S.P. of both box are equal
Hence, C.P. of first box is Rs 550 and C.P. of other box is Rs 750.