A man sold two mobile set for Rs 2400 each gaining 20 percent in first set and loosing 20 percent on the other ,Find his net profit or loss as percent of the whole ,with rough work
Answers
Solution :
A man sold two mobile set for Rs.2400 each gaining 20% in first set and loosing 20% on the other.
The net profit or loss percent of the whole transaction.
Let the 1st mobile of Cost price be Rs.R
Let the 2nd mobile of Cost price be Rs.M
Therefore;
Therefore;
Thus;
Total Cost price of both Mobile set = R + M = Rs.(2000+3000) = Rs.5000
Total Selling price of both Mobile set = Rs.4800
A/q
C.P. > S.P.
Thus;
QUESTION :
A man sold two mobile set for Rs 2400 each gaining 20 percent in first set and loosing 20 percent on the other ,
Find his net profit or loss as percent of the whole ,with rough work.
SOLUTION :
SET 1 :
He gained 20% by selling at a price of Rs. 2400
=> Original Price : x
=> 120/100 x = 2400
=> 2000
So CP 1 = Rs. 2000
SET 2 :
He lost 20% by selling for RS. 2400
=> Original Price : Y
=> 80/ 100 Y = 2400
=> Y = 3000
So Cp 2 = Rs. 3000
Total CP = Rs. 2000 + Rs. 3000 = Rs. 5000
Total SP = Rs. 2400 × 2 = Rs. 4800
Loss = Total CP - Total SP = Rs. 200
Loss Percentage = ( 200 / 5000) × 100 % = 4 %
A n S W e r :
The loss Percentage is 4 %.