A man sold two for 1000 each on one he gains 30%and ano the other he losses 20% find the overall gain ar loss
Answers
Answer:
cp of 1 =100+30/100×1000
=130/100*1000
=130*10
=1300
cp of 2=100/100-20*1000
=100/80*1000
=5/4*1000
=5*250
=1250
total cp =1300+1250
=2550
total sp = 2000
loss=2550-2000
=550
loss%=550/2550*100
=11/51*100
=1100/51
=21.56%
Answer:
0.96% loss
Step-by-step explanation:
Let's do it in two ways,
For 30% profit the C.p will be, 1000 x (100/130)
= 769.2 Rs.
For 20% Loss the C.p will be, 1000 x (100/80) = 1250 Rs.
total Cost = 2019.6
Total Selling price = 2000
Profit = (19.6/2000) x 100= 0.96% loss because the Cp is Higher than Sp
another method.
Profit = 30% = 3/10
let's, Sp1 = 13Unit and Cp1 = 10Unit
Loss = 20% = 2/10
so, Sp2 = 8 and Cp2 = 10
given that Sp1=Sp2
So, for article 1 Sp= 13*8 unit = 104 Unit, Cp= 10*8=80Unit
For article 2 Sp= 8*13 = 104 Unit, Cp= 10*13=130unit
so total Cp= 130+80= 210 and Sp= 208
Loss = 2/208 * 100 = 0.96%