8) A man purchases two fans for Rs 2160. By selling one fan at profit if 15% and
the other at a loss of 9% he neither gains nor losses in the whole transaction. Find
the cost price of each fan.
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8) A man purchases two fans for Rs 2160. By selling one fan at profit if 15% and
the other at a loss of 9% he neither gains nor losses in the whole transaction. Find
the cost price of each fan.
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Step-by-step explanation:
It is given that one fan is sold at a profit of 15% , and the total transaction is neither a loss nor a gain.
Profit : Loss
= 15:9
= 5:3
It is also given that both fans are purchased for Rs 2160
Therefore, the price of the first fan = 3/8 * 2160 = 810.
The cost of the second fan = 5/8 * 2160 = 1350.
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Answer:
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Step-by-step explanation:
tep-by-step explanation:
It is given that one fan is sold at a profit of 15% , and the total transaction is neither a loss nor a gain.
Profit : Loss
= 15:9
= 5:3
It is also given that both fans are purchased for Rs 2160
Therefore, the price of the first fan = 3/8 * 2160 = 810.
The cost of the second fan = 5/8 * 2160 = 1350.