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Cost Price of two laptops is same. One of the laptops is sold at a profit of 15% and the Selling Price of another one laptop is Rs. 3400 more than the first one. The net profit is 20%. What is the Cost Price of Each laptop? |
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Answer» The Cost price of each laptop = RS. 34000 Let the cost price of each laptop be Rs. x . Profit on FIRST laptop = 15x/100 Selling price of first laptop = 115x/100 Selling price of SECOND laptop = 115x/100 +3400 Profit on second laptop = 115x/100 +3400 -x = 3400 + 15x/100 Net profit on both laptops = 20% Profit% = (total profit / cost price) × 100 => 20 = (30x/100 + 3400)/2X × 100 => 4x/10 = 3x/10 + 3400 => x/10 = 3400 => x = 34000 The Cost price of each laptop is equal to Rs. 34000 |
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