Multiple choice

A merchant bought two transistors, which together cost him Rs. 480. He sold one of them at a loss of 15% and other at a gain of 19%. If the selling price of both the transistors are equal, find the cost of the lower priced transistor?

  1. Rs. 280

  2. Rs. 240

  3. Rs. 260

  4. Rs. 200

  5. Cannot be determine
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let the cost prices be x and y with x + y = 480. Since selling prices are equal: 0.85x = 1.19y, giving x = 1.4y. Substituting: 2.4y = 480, so y = 200 and x = 280. The lower priced transistor costs Rs. 200.

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