Question

A real estate company sold each of the two houses for ₹85100 .On such transaction the company had a profit of 15% for the first one and a loss of 7.5% for the second one . What was the overall profit or loss of the company?

Answer 1

Sᴏʟᴜᴛɪᴏɴ :-

case ❶ :-

→ SP = ₹85100

→ Profit = 15% .

→ CP = (SP * 100) /(100 + P%)

→ CP = (85100 * 100) / (100 + 15)

→ CP = (85100 * 100) / 115

→ CP = ₹74,000

Case ❷ :-

→ SP = ₹85100

→ Loss = 7.5% .

→ CP = (SP * 100) /(100 - L%)

→ CP = (85100 * 100) / (100 - 7.5)

→ CP = (85100 * 100) / (92.5)

→ CP = ₹92,000

Therefore,

→ overall SP = 85100 + 85100 = ₹170200

→ overall CP = 74000 + 92000 = ₹166000

So,

→ Overall Profit = SP - CP

→ Overall Profit = 170200 - 166000 = ₹4200 .

And,

→ Overall Profit% = (Profit in Rs. * 100)/CP

→ Overall Profit% = (4200 * 100) / 166000 ≈ 2.53% (Ans.)

Hence, overall profit % of the company is 2.53% .

Answer 2

Here is your Answer

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