A shopkeeper sold two items for 9975 each. He sold one at a gain
of 5% and other at a loss of 5%. find his total gain or loss.
Answers
Answer:
FIRST OBJECT Selling price
SP= (100+p%/100×9975)
SP= (100+5%/100×9975)
SP= Rs.10473.75
SECOND OBJECT Selling price
SP= (100-L%/100×9975)
SP= (100-5%/100×9975)
SP= Rs.9476.25
Total amount both materials= 9975×2
=Rs.19950
He has neither gained nor losses as sum of both the above price is equal to Rs.19950
A shopkeeper sold two items for 9975 each. He sold one at a gain of 5% and other at a loss of 5%. find his total gain or loss.
Selling price of Item A and B = Rs. 9975
Let cost price of item A be x
Profit = 5%
∴ 100% + 5% = 105% in total
Let cost price of item B be y
Loss = 5%
∴ 100% - 5% = 95%
Net cost price = x + y
= 447.368 + 404.761
= Rs. 852.129
Net selling price = y - x
= 447.368 - 404.761
= Rs. 42.607
Net cost price - Net selling price = Rs. 852.129 - Rs. 42.607
= Rs. 809.522
As Cost price (CP) ≥ Selling Price (SP) = Loss
Loss % =
=
= Rs. 94.99
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