Sum of the CP's of two cars is Rs.1,50,000. 1st car is sold at a profit o f…
2024
Sum of the CP's of two cars is Rs.1,50,000. 1st car is sold at a profit o f 20% and the second car at the loss of 20%. However, their S.P's are same. What is the cost price of the 1st car?
Answer: A. 60000 — Option 1: Let the C.P of the 1st car be x and 2nd be y. x+ y= 150,000 1.2x= 0.8 y.or y = 1.5x. Substituting. 2.5x = 150,000. or x = 60,000
- A.
60000
- B.
64000
- C.
72000
- D.
75000
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Correct answer: A
Option 1:
Let the C.P of the 1st car be x and 2nd be y.
x+ y= 150,000
1.2x= 0.8 y.or y = 1.5x.
Substituting. 2.5x = 150,000. or x = 60,000
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