1) Tanishk sold two books for ₹600 each, thereby gaining 20% on one book and losing 20% on the other book. Find his overall loss or gain per cent.
2) Attached.
Note:-
•Solve the both the sums.
•Spam answers will be reported.
•Correct answer will be appreciated :)
Answers
1) Tanishk sold two books for ₹600 each, thereby gaining 20% on one book and losing 20% on the other book. Find his overall loss or gain percent.
• Answer: Tanishk's loss is 4%.
• Step-by-step explanation:
Selling price of the first book = ₹600
Its profit = 20%
Selling price of second book = ₹600
Its loss = 20%
The total cost price of the books:
The total selling price of the books:
★ As the total selling price of the books is lesser than the total cost price of the books, there is a loss.
As per the question, now we've to find the loss (%).
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2) Naresh, Gopi and Sarath started a business with investments of ₹10,000, ₹20,000 and ₹20,000 respectively. After 6 months, Gopi withdrew an amount of ₹5,000 from his investment. After 3 more months, Sarath added ₹10,000 to his investment. If at the end of the year, the total profit earned is ₹36,000, then find the share of each.
• Answer:
- Naresh's share = ₹7,200
- Gopi's share = ₹12,600
- Sarath's share = ₹16,200
• Step-by-step explanation:
★
- Investment = ₹10,000
- Period of investment = 12 months
Total investment made by him = - - - - - - - - -
★
- Investment = ₹20,000
- Period of investment = 6 months
- Amount withdrawn = ₹5,000
Investment of remaining 6 months =
Total investment made by him = - - - - - - -
★
- Investment = ₹20,000
- Period of investment = 9 months (6+3)
- Added investment = ₹10,000
Investment for the remaining 3 months =
Total investment made by him = - - - - - - -
From eqs (1), (2) and (3), we get the ratio of investments of Naresh, Gopi and Sarath respectively as:
★Total profit at the end of the year = ₹36,000
The total profit is divided in the ratio of their investments.