A shopkeeper buys two T.V sets of the same type. He sells one of them at a profit of 20% and the other at a loss of 5%. If the difference in selling prices is Rs 700, find the cost price of each T.V set

Let the CP of each T.V. set be Rs *x*.

∴SP of first T.V. set = =

SP of second T.V. set = =

According to the question, difference in selling prices = 700

Thus, CP of each T.V. set = Rs 2800.

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