Correct Answer - Option 1 : 9100
Given:
The price of a cooler is Rs. 9800. The loss incurred on selling it was 35%.
The ratio of selling price of the cooler and a camera is 2 : 3.
The profit on selling the camera was 5%.
Formula:
Profit or Gain = Selling price – Cost Price
Loss = Cost Price – Selling Price
Profit percentage = (Profit/Cost Price) × 100
Loss percentage = (Loss/Cost price) × 100
Calculation:
CP of cooler = Rs. 9800
SP of cooler = Rs. (9800 × 0.65) = Rs. 6370
Ratio of cooler and camera is 2 : 3.
⇒ 6370/(SP of camera) = 2/3
⇒ SP of camera = 9555
CP of camera = 9555/1.05
⇒ 9100
∴ CP of camera is Rs. 9100
