Ashok sold a tv and a dvd • He sold a tv at 4% loss and dvd at 16% profit. On…
2025
Ashok sold a tv and a dvd • He sold a tv at 4% loss and dvd at 16% profit. On the whole he made neither a profit nor loss. Had he sold the tv at 16% profit and dvd at 4% loss. He would have made a profit of rs. 2700 on the whole. Find the total cost rice?
- A.
25200
- B.
2250
- C.
2520
- D.
None of these
Attempted by 1 students.
Show answer & explanation
Correct answer: D
Step-by-Step Solution
Let the cost price of the TV be T and the cost price of the DVD be D.
Analyze the first scenario (no profit, no loss):
Loss on TV = 4% of T = 0.04T
Profit on DVD = 16% of D = 0.16D
Since there is no net profit or loss: 0.04T = 0.16D
This simplifies to: T = 4D (Equation 1)
Analyze the second scenario (profit of Rs. 2700):
Profit on TV = 16% of T = 0.16T
Loss on DVD = 4% of D = 0.04D
Net profit = 0.16T - 0.04D = 2700 (Equation 2)
Solve the system:
Substitute T = 4D from Equation 1 into Equation 2:
0.16(4D) - 0.04D = 2700
0.64D - 0.04D = 2700
0.60D = 2700
D = 2700 / 0.60 = 4500
Find total cost price:
D = 4500
T = 4D = 4 * 4500 = 18000
Total Cost Price = T + D = 18000 + 4500 = Rs. 22500