A person buys 935 article at rs 1800.If he sells 2/7 part of all articles at 20% profit.At which % loss remaining articles he has to sell so that there is no profit no loss
Answers
Answer:
Step-by-step explanation:
Given :
Number of articles = 935
Cost of articles = 1800 rs
Sells 2/7 part at 20% profit.
To find :
% loss of remaining articles for no total profit or loss.
Solution :
It is given that
20 % profit is shared by 2/7 parts of 935 articles
As all articles = 935 , which has cost = 1800 rs
so
cost of 2/7 parts of article:
So,
20% of cost of 2/7 parts of article = profit of 2/7 parts :
So Sell price of 2/7 parts of article :
Similarly
Cost of remaining (5/7) parts :
To get total 0 % loss and profit.
The profit in 2/7 parts must be compensated as loss in remaining 5/7 parts of articles.
So
Loss of 5/7 parts of articles = Profit of 2/7 parts of articles
So
Loss of 5/7 parts of particles :
% of loss in 5/7 particles :
So,
% loss of remaining 5/7 particles to make total 0% loss and profit :
= 8%