document.write( "Question 698755: Mr. Williams, had three television sets which were of the same cost price. He sold one at cost price, one at 20% more than cost price and one at 15% more than cost price. If he received a total of $670, how much was his profit? \n" ); document.write( "
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Solution:
\n" ); document.write( "Let us assume that the cost price of the all three television set is x,
\n" ); document.write( "now selling price of each television set is:
\n" ); document.write( "1st TV set SP = $x ,
\n" ); document.write( "2nd TV set SP = 20% of x + x
\n" ); document.write( "= 0.2 x + x
\n" ); document.write( "= 1.2x
\n" ); document.write( "3rd TV set SP = 15% of x + x
\n" ); document.write( " = 0.15x + x
\n" ); document.write( " = 1.15x \r
\n" ); document.write( "\n" ); document.write( "total amount he recived after selling the television set is: $670
\n" ); document.write( "hence we get:
\n" ); document.write( "x + 1.20x + 1.15x = 670
\n" ); document.write( "3.35x = 670
\n" ); document.write( "x = 670/3.35
\n" ); document.write( "x = 67000 / 335
\n" ); document.write( "x = $200
\n" ); document.write( "hence the cost price of the each television is $200.
\n" ); document.write( "
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