Question

a) Meera bought two fans for Rs 1200 each. She sold one fan at loss of 2% and
other fan at a profit of 10 % Find the selling price of each fan? Also find the total
profit or loss?​

Answer 1

Answer:

Profit of 4%

Step-by-step explanation:

Given,

Meera bought two fans for Rs 1200 each.

CP=1200

She sold one fan at loss of 2%

SP=((100-loss)*CP)/100

SP=(100-2)*1200/100

SP=1176

other fan at a profit of 10 %

SP=((100+gain)*CP)/100

SP=(100+10)*1200/100

SP=1320

CP of 2 fans=1200*2

                   =2400

SP of 2 fans=1176+1320

                  =2496

SP is greater than CP

Profit=((SP-CP)/CP)*100

       =((2496-2400)/2400)*100

Profit%=4%