A dealer sells two articles at the same selling price, making 30% profit on one and incurring 30% loss on the other. If the sales prices of both the articles are Rs.9100 each, what is the overall profit or loss for the dealer in both the transactions combined?
Rs.1638 loss
Rs.1638 profit
Rs.1800 loss
Rs.1800 profit
Answers
Answer:
and your next answer is ⬇⬇
So, Total SP of the two articles =RsS+RsS=Rs2S
Total CP the two articles =Rs
5
4S
+Rs
3
4S
=Rs
15
32S
=2.133S
As total CP> SP, there is a loss
So, Loss % =
CP
CP−SP
×100=
Rs
15
32S
Rs
15
32S
−2S
×100=6.25 %
The dealer will get loss of 1800 Rs on whole transaction
Given:
A dealer sells two articles at the same price
Making 30% profit on one and incurring 30% loss on the other
Selling Price of two articles = Rs.9100 per each
To find:
Gain or loss on overall transaction
Solution:
On first Article
Given that Selling price = Rs.9100
Gain percentage = 30%
As we know Cost price = [100/100+p%] SP
Cost price of Article = [100/100+30] 9100
= [ 100/130] 9100 = 100[70] = 7000 Rs
Cost price of Article 1st Article = 7000 Rs
On 2nd Article
Given that Selling price = Rs.9100
Loss percentage = 30%
As we know Cost price = [100/100-L%] SP
Cost price of Article = [100/100-30] 9100
= [ 100/70] 9100 = 100[130] =13000 Rs
Cost price of 2nd Article = 13000 Rs
Cost Price of both article = 7000 Rs + 13000 Rs = 20000 Rs
From given data
Total Selling Price of two articles = 2(9100) = 18200 Rs
Here Selling Price < Cost Price
The dealer will get loss
Loss = Cost Price - Selling Price = 20000 - 18200 = 1800 loss
The dealer will get loss of 1800 Rs on whole transaction
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