a person purchased two bags at the same price and on selling the first bag he makes a profit of 10%. Selling price of the second bag is 90 rs more than the selling price of the first bag.Find the cost price of one bag if his overall profit is 13%
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Answer:
₹1500
Step-by-step explanation:
Let the two bags purchased be x and y.
Bag y is sold at a price of ₹90.
On Selling Bag x he makes a profit of 10%.
Overall profit is 13%.
Therefore, the profit made by selling y is 3%.
Profit. Price
3. 90
10. ?
So, 3= 90/z * 100 (z is total cost price) (*-multiply)
=> z=3000
So total cost price is ₹3000 and we are given that both the bags are purchased at same price.
So cost of 1 bag is ₹1500.
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