Question

A merchant sells two dolls of price 100 and 150..with a profit of 30%on first and 30 % loss in second..what is the net profit or loss......plzzzzzz solve

Answer 1

6% loss in total transaction

Answer 2

Answer:

The merchant will face a net loss = Rs 41.20

Step-by-step explanation:

Selling Price of doll one = Rs. 100

Now, This was sold with profit of 30%

So, Cost Price of doll one = (100 × 100)/(100 + 30)

⇒ Cost Price of doll one = 10000/130

⇒ Cost Price of doll one = Rs. 76.92

Selling Price of doll second = Rs. 150

Now, This was sold with loss of 30%

So, Cost Price of doll one = (150 × 100)/(100 - 30)

⇒ Cost Price of doll one = 15000/70

⇒ Cost Price of doll one = Rs. 214.28

So, Total Cost Price of two dolls = 76.92 + 214.28

                                                      = Rs. 291.20

Total Selling Price of two dolls = 100 + 150

                                                   = Rs. 250

Therefore, The merchant will face a net loss = 291.2 - 250

                                                                             = Rs 41.20