Aditi purchased two toys of₹500each.one she sold at a loss of10%.at what price she sold the second toys to earn a profit of 10%on whole transaction.
Answers
Answer:
550
Step-by-step explanation:
Answer:
She should sold the second article in rs 650.
Step-by-step explanation:
Given,
The cost price of each toy = 500,
So, the total cost price = 500 + 500 = rs 1000,
If there is a profit of 10% in whole transaction,
Selling price = 1000 + 10% of 1000
= 1000 + 100
= 1100,
Now, if there is a loss of 10% in first toy,
Then the selling price of first toy = 500 - 10% of 500
= 500 - 50
= 450,
Let x be the profit percentage in second toy,
Then the selling price of second toy = 500 + x% of 500
= 500 + 5x
Thus, total selling price = 500+ 5x + 450 = 950 + 5x
Hence, she should sold the second article in rs 650
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