Question

A business man purchased wheat for rs 600 he sells half of it at a loss of 10%and remaining half at profit of 20% calculate the percentage of profit and loss on the whole??????

Answer 1

▁ ▂ ▄ ▅ ▆ ▇ █ SOLUTION█ ▇ ▆ ▅ ▄ ▂ ▁

★GIVEN★

★COST PRICE OF WHEAT=600

★COST PRICE OF HALF WHEAT=300

★CALCULATION FOR THE FIRST CASE

•COST PRICE=300

•LOSS=10%

•SELLING PRICE

$↪ \frac{100 - 10}{100} \times 300 \\ \\ ↪ \frac{90}{100} \times 300 \\ \\ ↪90 \times 3 \\ \\ ↪270$

CALCULATION FOR THE 2ND CASE

•COST PRICE=300

•GAIN=20%

•SELLING PRICE

$↪ \frac{100 + 20}{100} \times 300 \\ \\↪ \frac{120}{100} \times 300 \\ \\ ↪120 \times 3 \\ \\ ↪360$

now , we have to calculate total cp and sp

★TOTAL SELLING PRICE=270+360=630

★TOTAL COST PRICE=600

It's clearly mentioned above we get profit

so,

profit=630-600=30

HENCE

PROFIT%

$= \frac{30 \times 100}{600} \\ \\ = 5\%$

5% will gain on the whole transaction