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A man purchases two fans for $ 2,160. By selling one fan at a profit of 15% and the other at a loss of 9% he neither gains nor loses in the whole transaction. Find the cost price of each fan in $.
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- $ 710,$ 1450
- $ 1530,$ 630
- $ 810, $ 1350
- $ 1340,$ 820
Correct Option: C
Let the C.P. of fans be $ p and $ q respectively.
As per the given in question,
| ∴ | = | 100 | 100 |
| ⇒ | = | = | q | 15 | 5 |
Sum of ratios = 3 + 5 = 8
| C.P. of first fan = | | × 2160 = $ 810 | | 8 |
| & C.P. of second fan = | | × 2160 = $ 1350 | | 8 |
