Question

find the missing terms.find the cp and loss℅.sp=660 profit℅=60℅​

Answer 1

Answer:

Let there be two mobiles X and Y, for X,

S.P= 6000 (Given)

Profit%=20%

Then CP= (6000x100)/120=5000

Similiarly, for Mobile Y

S.P= 6000 (Given)

Loss%=25%

Then CP= (6000x100)/75= 8000

Total Cost Price, i.e., Total CP= 8000+5000=13000

Total Selling Price, i.e., Total SP= 6000+6000=12000

Since S.P< C.P loss has occured.

Also,

Loss% = [(C.P-SP)/CP]x100

Thus,

Loss%=(1000/13000)x100=7.692%

Hope this helped! If S.P is same one can also use a shortcut formula, equate SP in both loss and profit percent formulae, then write the equation in terms of CP, Loss% and Profit%.