Question

A man bought two books for RS 1040. He sold one at a loss of 15% and other at a profit of 36% then he found that each book was sold for the same price. Find the cost price of each book.​

Answer 1

640 & 400

Explanation:

Cost of books: x and 1040-x

x sold at a loss of 15%= .85 x

1040 - x sold at a profit of 36% = (1040 - x) *1.36

x*.85= (1040-x)*1.36

0.85x+1.36x= 1040*1.36

2.21x= 1414.4

x= 1414.4/ 2.21

x= Rs. 640

Rs. 1040 - 640 = 400