Question

answer with explanation ​

Answer 1

Answer:

D. loss of 17500

Step-by-step explanation:

SP of each car  = 350000

first car

SP = CP(100% + profit%)

350000 = CP(100% + 25%)

350000 = CP * 125%

CP = 350000 * 100/125 = 280000

PROFIT = profit% * CP = 25% * 280000 = 70000

second car

SP = CP(100% - loss%)

350000 = CP(100%-20%)

350000 = CP * 80%

CP = 350000 * 100/80 = 437500

LOSS = loss% * CP = 20% * 437500 = 87500

here, LOSS > PROFIT

so overall loss = 87500 - 70000 = loss of 17500

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Answer 2

Answer:

Step-by-step explanation:

NOTE.The answer is in profit not loss.

Cp of 2 cars = 350000+350000=700000

Gain on 1st car =350000×25/100=87500

Sp of 1st car =87500+350000=437500

Loss on 2nd car= 350000×20/100=70000

Sp of the 2nd car=

350000-70000=280000

Total sp=280000+437500=717500

The over all gain =

717500-700000=17500.