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A trader sells articles X and Y for INR 480 each with no loss or profit in the whole transaction. If A is sold at
16% loss, then B is sold at a profit of
3
Answers
Given : A trader sells articles X and Y for INR 480 each with no loss or profit in the whole transaction
A is sold at 16- % loss,
To Find : B is sold at a profit of
Solution:
A trader sells articles X and Y for INR 480 each
-> Total Sell price = 480 + 480 = 960 Rs
Total Cost Price = 960 Rs
As no loss or profit in the whole transaction.
A Cost Price = A Rs then B cost Price = 960 - A Rs
Loss on A = 16 %
SP of A = A - (16/100)A = 0.84A Rs
=> 0.84A = 480
=> A = 480/0.84 = 4000/7
SP of B = 960 - 0.84A Rs
Profit on B = 960 - 0.84A - (960 - A) = 0.16A
Profit % = 100 * 0.16A / ( 960 - A )
= 16A / ( 960 - A)
=( 16 * 4000/7 ) / ( 960- 4000/7)
= 16 * 4000 / 2720
= 23.53 %
B is sold at a profit of 23.53 %
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