The price of a refrigerator and a television set are in the ratio 5 : 3. If the refrigerator costs Rs. 5500 more than the television set, then the price of the refrigerator is = ?

Solution (By Examveda Team)

$$\eqalign{ & {\text{According to the question,}} \cr & \frac{{{\text{CP of Refrigerator}}}}{{{\text{CP of Television }}}}\left. { = \frac{5}{3}} \right\}{\text{2 unit }} \cr & {\text{2 unit}} = 5500 \cr & {\text{1 unit}} = \frac{{5500}}{2} = 2750 \cr & 5{\text{ units}} = 2750 \times 5 = 13750 \cr & {\text{Cost price of Refrigerator}} \cr & = {\text{Rs}}{\text{.13750}} \cr} $$