a retailer sells his product at a gain of 10%
if his selling price was ₹13200 what was his actual profit what was his cost price
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8th
Maths
Comparing Quantities
Prices Related to Buying and Selling
A man sells two articles at...
MATHS
A man sells two articles at the same selling price - one at 25% profit and other at 25% loss. What is the overall profit or loss percentage?
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ANSWER
For the first article,
SP=RsS
Given, Profit=25 %
=>
CP
SP−CP
×100=25
=>
CP1
S−CP1
×100=25
=>S−CP1=0.25CP1
=>1.25CP1=S
=>CP1=
1.25
S
=
5
4S
For the second article,
SP=S
Given, Loss=25 %
=>
CP
CP−SP
×100=25
=>
CP2
CP2−S
×100=25
=>CP2−S=0.25CP2
=>0.75CP2=S
=>CP2=
0.75
S
=
3
4S
So, Total SP of the two articles =RsS+RsS=Rs2S
Total CP the two articles =Rs
5
4S
+Rs
3
4S
=Rs
15
32S
=2.133S
As total CP> SP, there is a loss
So, Loss % =
CP
CP−SP
×100=
Rs
15
32S
Rs
15
32S
−2S
×100=6.25 %
Step-by-step explanation:
Common gain or loss% = 10%
Using the formula:-
Loss%= (10/10)^2 % = 1%
Thus after transaction the seller will incurr loss of 1%.
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