A shopkeeper sell two pens , he sold one pen at a profit and other at loss. SP of each of two pens is Rs. 300 and profit percentage of one pen is equal to loss percentage to other. If overall loss of shopkeeper is 6.25%. Find the difference between cost price of both pen
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Answer:
Given
Total no . of pens = 2
SP of 2 pens each = 300
Total SP = 300×2 = 600 ( Additional information)
Given :- profit % = loss %
Loss % = 6.25% ; so Profit % is also = 6.25 %
Find :- Difference between CP of both pen....
Solution :-
CP when loss occurred = (SP×100) /(100-loss %)
= (300×100) / (100- 6.25)
= 30000 / 93.75
= 29906.25
CP when profit occurred = (SP× 100) /100+profit %)
= (300× 100)/ (100 +6.25 % )
= 30000 / 106.25
= 29893.75
Difference of both CP = 29906.25 - 29893.75
= 12.5
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