Math Problem Statement
the CP of two watches taken together is 13440 by selling one at profit of 16% and the Rat loss of 12% there is no profit no loss in the whole transaction find the individual cost price of the two watches
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Profit and Loss
Formulas
Selling price at profit = Cost price + Profit percentage × Cost price
Selling price at loss = Cost price - Loss percentage × Cost price
Total cost price = Total selling price (in case of no profit, no loss)
Theorems
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Suitable Grade Level
Grades 9-12
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