Arunima sold two flats for 10,00,000 rupees each. On one she gains 15 %and on other she loses 15 %. Find the costprice of the both flats.
Find the total profit % or loss % in the whole transaction
Answers
Step-by-step explanation:
the first flat made a profit of 15%.
let x = the cost of the first flat.
you get x + .15*x = 1,000,000
factor out the x to get 1.15 * x = 1,000,000
solve for x to get x = 1,000,000 / 1.15 = 869,565 rounded to the nearest dollar.
the second flat made a loss of 15%.
let y = the cost of the second flat.
you get y - .15*y = 1,000,000
factor out the y to get:
.85 * y = 1,000,000.
solve for y to get y = 1,000,000 / .85 = 1,176,471 rounded to the nearest dollar.
her total cost was 869,565 + 1,176,471 = 2,046,036.
her total revenue was 2,000,000.
her net profit was 2,000,000 - 2,046,036 = -46036.
her profit percent was -46036 / 2,046,036 * 100 = -2.25 percent.
a negative profit is equal to a positive loss, so her net loss was 46036 and her loss percent was 2.25 percent.
she lost 2.25% of her initial investment on the deal.
Hope you understand
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Answer:
flat 1 = 869565.21, flat 2 = 1176470.58 (DONE BY RATIO METHOOD)
Step-by-step explanation:
purchased price of flat 1: sale of flat 2
100:115
x:1000000
115x=100×1000000
115x=100,000,000
x=100,000,000/115
x=869,565.21
purchased price of flat 2:sale price of flat 2
100:85
x:1,000,000
85x=100×1,000,000
85x=100,000,000
x=100,000,000/85
x=1,176,470.588