Question
A man purchases two fans for Rs.2,160. By selling one fan at a profit of 15% and the other at a loss of 9% he neither gains nor loses in the whole transaction. Find the cost price of each fan in Rs.
Answer: Option B
Answer: (b)
Let the C.P. of fans be Rs.x and Rs.y respectively.
${x × 15}/100 = {y × 9}/100$
$x/y = 9/15 = 3/5$
C.P. of first fan = $3/8 × 2160$ = Rs.810
& C.P. of second fan = $5/8 × 2160$ = Rs.1350
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Answer: (b)
Let the C.P. of fans be Rs.x and Rs.y respectively.
${x × 15}/100 = {y × 9}/100$
$x/y = 9/15 = 3/5$
C.P. of first fan = $3/8 × 2160$ = Rs.810
& C.P. of second fan = $5/8 × 2160$ = Rs.1350
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