Dharani sold two books ₹1500 each , there by gaining 20 % on one book and losing 30 % on other book than overall gain or loss % on his sale
Answers
Let the cost price of the first cycle be Rs. X.
And the cost price of the second cycle will be Rs. Y.
Now it is given that the selling price of both the cycles is Rs. 1500.
Now a man gains Rs. 20 on the first cycle.
So the cost price (C.P1) of the first cycle = selling price of the first cycle – rupees gained on the first cycle.
⇒C.P1=1500−20=1480 Rs.
Now again a man saved Rs. 20 on the second cycle.
So the cost price (C.P2) of the second cycle = selling price of the second cycle – rupees saved on the second cycle.
⇒C.P2=1500−20=1480 Rs.
So the total cost price of two cycles is = (1480 + 1480) = Rs. 2960.
And the total profit he earned is = Rs. (20 + 20) = Rs. 40
Therefore a man earns the profit and the profit percentage (P) is the ratio of total profit to the total cost price multiplied by 100.
⇒P=402960×100=1.35 %
So this is the required profit percentage.
Hence option (B) is correct.
Answer:
Let the cost price of the first cycle be Rs. X.
And the cost price of the second cycle will be Rs. Y.
Now it is given that the selling price of both the cycles is Rs. 1500.
Now a man gains Rs. 20 on the first cycle.
So the cost price (C.P1) of the first cycle = selling price of the first cycle – rupees gained on the first cycle.
⇒C.P1=1500−20=1480 Rs.
Now again a man saved Rs. 20 on the second cycle.
So the cost price (C.P2) of the second cycle = selling price of the second cycle – rupees saved on the second cycle.
⇒C.P2=1500−20=1480 Rs.
So the total cost price of two cycles is = (1480 + 1480) = Rs. 2960.
And the total profit he earned is = Rs. (20 + 20) = Rs. 40
Therefore a man earns the profit and the profit percentage (P) is the ratio of total profit to the total cost price multiplied by 100.
⇒P=402960×100=1.35 %
So this is the required profit percentage.
Hence option (B) is correct.