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A man sold a radio and a TV set together for Rs30,400 thereby making a frofit of 25% on the radio and 10% on TV set.By selling
them together for Rs30,700, he would have made a 10% profit on the radio and 25% on the TV set.The cost price of the ratio is:
Rs10,000
Rs12,000
Rs8,000
Rs9,000
- Let radio's cost price = Rs R, TV's cost price = Rs T.
- First sale:
25% profit on radio ? Sale price = R × 1.25
10% profit on TV ? Sale price = T × 1.10
Total sale price = Rs 30,400
So, 1.25R + 1.10T = 30,400
- Second sale:
10% profit on radio ? Sale price = R × 1.10
25% profit on TV ? Sale price = T × 1.25
Total sale price = Rs 30,700
So, 1.10R + 1.25T = 30,700
- Now, solving these equations:
1. 1.25R + 1.10T = 30,400
2. 1.10R + 1.25T = 30,700
Add both:
1.25R + 1.10T + 1.10R + 1.25T = 30,400 + 30,700
2.35R + 2.35T = 61,100
R + T = 61,100 / 2.35 = 26,000
Subtract (2 from 1):
(1.25R + 1.10T) - (1.10R + 1.25T) = 30,400 - 30,700
(0.15R - 0.15T) = -300
0.15(R - T) = -300
R - T = -300 / 0.15 = -2,000
R = T - 2,000
Substitute into R + T = 26,000:
(T - 2,000) + T = 26,000
2T = 28,000
T = 14,000
R = 14,000 - 2,000 = 12,000
- So, the cost price of the radio is Rs 12,000.
- Option Check:
1. Rs 10,000 — Not correct
2. Rs 12,000 — Correct
3. Rs 8,000 — Not correct
4. Rs 9,000 — Not correct
Correct Answer: Option 2: Rs 12,000
By: santosh ProfileResourcesReport error
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