Bina Chand bought two kettles for Rs 1,625. She sold one of them at 20% profit
and the other at 20% loss. If the selling price of both kettles are same, find the
cost price of each kettles. Also calculate her gain or loss percent in the total
transaction
Answers
AnswEr :
Bina Chand bought two kettles for Rs.1625. She sold one of them at 20% profit and other at 20% loss. If the selling price of both kettles are same.
The cost price of each kettles and also her gains or loss percent in the total transaction.
Let the 1st kettles of Cost price be Rs.R
Let the 2nd kettles of Cost price be Rs.M
So,
Then;
Putting the value of R in equation (1), we get;
Thus;
____________________________________________
Selling price of 1st kettle :
Selling price of 2nd kettle :
Total Selling price of both kettle = Rs.(780+780)= Rs.1560.
Now,
→ Loss = Cost price - Selling price
→ Loss = Rs.1625 - Rs.1560
→ Loss = Rs.65.
∴ The total loss percent in the transaction is 4% .
- Bina Chand bought two kettles for Rs 1,625. She sold one of them at 20% profit and the other at 20% loss.
- If the selling price of both kettles are same, find the cost price of each kettles.
- Also calculate her gain or loss percent in the total transaction.
Answer :
- Bina Chand bought two kettles for Rs.1625. She sold one of them at 20% profit and other at 20% loss. If the selling price of both kettles are same.
- The cost price of each kettles and also her gains or loss percent in the total transaction.
Let the 1st kettles of Cost price be Rs. A.Let the 2nd kettles of Cost price be Rs. B.
So,
Thus
___________________
Selling price of 1st kettle :
Selling price of 2nd kettle :
Total Selling price of both kettle
→ Loss = Cost price - Selling price
→ Loss = Rs.1625 - Rs.1560
→ Loss