A trader from India buys two television
sets for 1,00,000 and 1,50,000, respec-
tively. He spends 1,000 on the transpor-
tation of both the sets. He then sells them
for? 1,50,000 and 1,20,000, respectively.
Find the overall profit/loss made by the
trader. Also, find the percent for the same
to one decimal place.
145
Answers
The profit is Rs 19,000 and the profit percentage is 7.6%
GIVEN
A trader from India buys two television sets for 1,00,000 and 1,50,000, respectively. He spends 1,000 on the transportation of both the sets. He then sells them for 1,50,000 and 1,20,000, respectively.
TO FIND
Find the overall profit/loss made by the
trader. Also, find the percent for the same
to one decimal place.
SOLUTION
We can simply solve the above problem as follows;
Cost of 1 television set = Rs 1,00,000
Cost of second television set = Rs 1,50,000
Cost on Transportation = Rs 1,000
Total cost price of both the television along with transportation cost = 1,00,000 + 1,50,000 + 1,000 = Rs 2,51,000
Selling price of both the television = 1,50,000 + 1,20,000 = Rs 270,000
Profit = Sp - Cp
Profit = 2,70,000 - 2,51,000
= Rs 19,000
Profit% = (Profit/Cost price)× 100
= (19,000/2,51,000)× 100
= 7.56 % ≈ 7.6%
Hence, The profit is Rs 19,000 and the profit percentage is 7.6%
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Answer:
The profit is Rs 19,000 and the profit percentage is 7.6%
Step-by-step explanation:
From the above question:
Two television sets for 1,00,000 and 1,50,000.
Total spends 1,000.
Total selling price of both were 1,50,000 and 1,20,000.
Here we need to find :
The overall profit/loss made by the trader. Also, find the percent for the sameto one decimal place.
Hence,
We can simply solve the above problem as follows;
Cost of 1 television set = Rs 1,00,000
Cost of second television set = Rs 1,50,000
Cost on Transportation = Rs 1,000
Total cost price of both the television along with transportation cost = 1,00,000 + 1,50,000 + 1,000 = Rs 2,51,000
Selling price of both the television = 1,50,000 + 1,20,000 = Rs 270,000
Profit = Sp - Cp
Profit = 2,70,000 - 2,51,000
= Rs 19,000
Profit% = (Profit/Cost price)× 100
= (19,000/2,51,000)× 100
= 7.56 % ≈ 7.6%
Hence, The profit is Rs 19,000 and the profit percentage is 7.6%
For more related question : https://brainly.in/question/44430322
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