Sachin purchases 2 jeans for Rs. 560. He sells one at 15% profit and the other at 10% loss. He neither gains nor loses. Thus, the cost prices of 2 jeans are
Sachin purchases 2 jeans for Rs. 560. He sells one at 15% profit and the other at 10% loss. He neither gains nor loses. Thus, the cost prices of 2 jeans are
Option 1 -
Rs. 210 and Rs. 350
Option 2 -
Rs. 560 and Rs. 560
Option 3 -
Rs. 224 and Rs. 336
Option 4 -
Rs. 260 and Rs. 300
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1 Answer
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Correct Option - 3
Detailed Solution:(c):Let the individual price of jeans be X and Y.
X + Y = 560.
Using the profit and loss percentages of the individual jeans:
1.15X + 0.9Y = 560.
Solving the two equations we get,
X = 224 and Y = 336
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