A man sells one speaker for ₹ 7500 at a profit of 20 % and another speaker for ₹8100 at a loss of 10 % . Find his total loss or profit
Answers
Answer:
profit=1500
Loss=810
Step-by-step explanation:
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There will be a profit of ₹350
Given : A man sells one speaker for ₹ 7500 at a profit of 20% and another speaker for ₹8100 at a loss of 10%
To find :
To find :Solution :
We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the total loss or profit)
Let, the cost price of the first speaker = ₹ x
So, its selling price will be :
= Cost price + 20% profit
= x + (x × 20%)
= x + (x × 20/100)
= x + (x × 1/5)
= x + (x/5)
= (5x + x)/5
= ₹ 6x/5
According to the data mentioned in the question,
6x/5 = 7500
x = 7500 × 5/6
x = 6250
So, the cost price of the first speaker is = ₹6250
Let, the cost price of the second spekar = ₹ y
So, its selling price will be :
= Cost price - 10% loss
= y - (y × 10%)
= y - (y × 10/100)
= y - (y/10)
= (10y-y)10
= ₹ 9y/10
According to the data mentioned in the question,
9y/10 = 8100
y = 8100 × 10/9
y = 9000
So, the cost price of the second speaker = ₹9000
Total cost price of two speakers :
= 6250 + 9000
= ₹ 15250
Total selling price of two speakers :
= 7500 + 8100
= ₹15600
So, total selling price > total cost price
Which means, there will be a profit.
So, the profit amount :
= Total selling price - Total cost price
= ₹ (15600 - 15250)
= ₹350
Hence, there will be profit of ₹350