By producing two sarees, rama aunty sold one saree at 15% profit and another in 20 % profit, she has made total profit of rs 262.50, if the ratio of production costs of two sarees is 1: 3, what will be the production cost of each of the two sarees?
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Geeta had a Loss of Rs.800 in the whole transaction.
Given :
Sold each saree for = Rs.6000
One saree got = 25% Profit
Second Saree got = 25% Loss
To find :
The total Profit or Loss in the transaction.
Solution :-
The cost Price when profit % is 25% is Rs.4800
Cost Price is Rs.8000 when loss is 25%
6000 + 6000
12000
4800 + 8000
12800
12000 < 12800
Selling Price < Cost Price
It is a Loss
Loss = Cost Price - Selling Price
12800 - 12000
800
Geeta had a Loss of Rs.800 in the whole transaction.
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