expense
the gain or loss per cent.
5. Suhas purchased three pairs of shoes at the rate of 735 each pair. He kept one pair for himself and sold the
remaining two pairs for 730 and 740, respectively. Calculate the loss or profit per cent.
6. A trader bought 15 kg of one variety of wheat at the rate of 14.50 per kg and 25 kg of another variety at the
rate of * 15.30 per kg. He mixed the two varieties and sold the mixture at the rate of 16.50 per kg. Find the
profit or loss per cent earned by the trader.
Answers
Answer:
5. Loss percent= 33 1/3% 6. Profit percent= 10%
Step-by-step explanation:
5. Cost of three pairs of shoes= 735*3
= Rs.2205
i.e. Cost price= Rs. 2205
Selling price= 730+740= Rs. 1470
Since, CP>SP
It implies that,
Loss= CP-SP
= 2205-1470= Rs. 735
Therefore,
Loss percent= (Loss/CP)*100
= (735/2205)*100= (1/3)*100
=100/3= 33 1/3% (Answer)
6. 15 kg of rice A bought at Rs. 14.50 per kg
25 kg of rice B bought at Rs. 15.30 per kg
This implies that,
Cost price of rice A= 15*14.50= Rs. 217.50
Cost price of rice B= 25*15.30= Rs. 382.50
Therefore,
Total cost price= 217.50+382.50
= Rs. 600
Both rices were mixed to create 40 kg of rice C to be sold at Rs. 16.50 per kg
This implies that,
Selling price of rice C= 40*16.50= Rs. 660
Since, SP>CP
It implies that,
Profit= 660-600=Rs.60
Therefore,
Profit percent= (P/CP)*100=(60/600)*100
= (1/10)*100=100/10=10% (Answer)