a man purchased 10 pens. He sold 5 pens at 25% profit and the remaining pens at 50/3 loss. if he received rs 625 in total, find the cost price of each pen
Answers
Let CP = Total Cost price
SP = Selling price .
Case 1 :
5 pens at 25 % profit
SP = 1.25 CP
Case 2 :
Remaining 5 pens = Rs 50 each
Loss = 50 / 3 %
SP = 5 × 50 = 250 .
CP of remaining 5 pens is different from other 5 pens sold at 25 % Profit .
SP at 25 % Profit + SP at 3% loss = 625
1.25 CP + 250 = 625
1.25 CP = 625 - 250 = 375
CP = 375 / 1.25 = 300
1.25 ( 300 ) + 250 = 625
375 + 250 = 625.
So , 5 pens sold at 25 % Profit
SP = Rs 375
CP = Rs 300
CP of 1 pen = 300 / 5 = 60
SP of 1 pen = 75 .
Remaining 5 pens :
SP = 50
CP with 3% is
SP = 0.97 CP
= 5 ( 50 )
= 250.
CP = 250 / 0.97
= 257 . 732
CP of 1 pen = 257 . 732 / 5
= 51.55
SP at 25% profit = 1.25CP
= 1.25 ( 300 )
= 375
SP at 3% loss = 250
Total SP = 375 + 250 = 625
Total CP = 300 + 257 . 732 = 557 . 732
CP of 1 pen = 557 . 732 / 10 = 55.77.
HERE IS YOUR ANSWER MATE.....;
Let CP= total cost price and SP is the selling price.
Let CP= total cost price and SP is the selling price.For 5 pens at 25% profit, SP=1.25CP
SP at 25% profit +SP at 3% profit loss=625
SP at 25% profit +SP at 3% profit loss=6251.25CP+ 250 =625
SP at 25% profit +SP at 3% profit loss=6251.25CP+ 250 =6251.25CP=625–250= 375
SP at 25% profit +SP at 3% profit loss=6251.25CP+ 250 =6251.25CP=625–250= 375CP= 375/1.25=300
SP at 25% profit +SP at 3% profit loss=6251.25CP+ 250 =6251.25CP=625–250= 375CP= 375/1.25=3001.25(300)+ 250=625