Find Purchasing power
Algebra
Level
2
A man purchases two clock A & B at a total cost of $650. He sells A with 20% profit and B at a loss of 25%, and gets the same selling price for both the clocks. What are the purchasing price of A and B respectively?
$ 275 ; $ 375
$ 300 ; $ 350
$ 250 ; $ 400
$ 225 ; $ 425
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1 solution
Suppose the cost of clock B = y & A = (650 - y)
selling price of B = y - 25y/100 = 3y/4
..............................A = (650 - y) + (650 - y)20/100 = (3900 - 6y)/5
As per given condition, 3y/4 = (3900 - 6y)/5
So y = 400, & 650 - 400 = 250