*A shopkeeper sold a watch at a profit of 20% and a clock at a loss of 12%. The selling price of the watch is ₹3600 and the selling price of the clock is ₹1760.Choose the correct statement based on these two sales.*
1️⃣ The shopkeeper made an overall profit of 7.2%
2️⃣ The shopkeeper made an overall profit of 6.72%
3️⃣ The shopkeeper made an overall loss of 7.2%
4️⃣ The shopkeeper made an overall loss of 6.72%
Answers
Answer: The correct answer is A overall profit of 7.2%
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Step-by-step explanation:
Profit in watch = 20%
SP of watch = Rs. 3600
Then CP of watch = 100*SP /(100+ P%)
= 100*3600/120
= Rs. 3000
For clock,
Loss = 12%
SP = Rs. 1760
Then., CP = 100 *SP /(100 -L%)
= 100*1760/88
= Rs. 2000
So, Total CP = Rs. 3000+ Rs. 2000 = Rs. 5000
Total SP = Rs. 3600+Rs. 1760 = Rs. 5360
Then, Profit = SP -CP = Rs. 5360- Rs. 5000 = Rs. 360
P% = 360 /5000*100%
=7.2%
Answer:
hi, 7.2% profit
Step-by-step explanation:
Profit in watch = 20%
SP of watch = Rs. 3600
Then CP of watch = 100*SP /(100+ P%)
= 100*3600/120
= Rs. 3000
For clock,
Loss = 12%
SP = Rs. 1760
Then., CP = 100 *SP /(100 -L%)
= 100*1760/88
= Rs. 2000
So, Total CP = Rs. 3000+ Rs. 2000 = Rs. 5000
Total SP = Rs. 3600+Rs. 1760 = Rs. 5360
Then, Profit = SP -CP = Rs. 5360- Rs. 5000 = Rs. 360
P% = 360 /5000*100%
=7.2%