FOR 10 POINTS
Nidhi purchased two sareers for $2150 each.She sold one saree at a loss of 8% and the other at a gain.If she had a gain of $1230 on the whole transaction, find the selling price of the second saree.
Answers
Solution :-
CP of each Saree = $2150
Total CP of 2 stares = $2150 * 2 = $4300
Loss % on one Saree = 8%
SP of one saree = CP * (100 - loss%)/100
= 2150 * (100 - 8)/100
= 215 * 92/10
= 215 * 9.2
= $ 1978
Let the SP of second Saree be x
Total SP of 2 Sarees = x + 1978
Gain on whole transaction = $1230
⇒ Total SP - Total CP = 1230
⇒ x + 1978 - 4300 = 1230
⇒ x - 2322 = 1230
⇒ x = 1230 + 2322 = 3552
Therefore the selling price of second Saree is $3552.
||✪✪ QUESTION ✪✪||
Nidhi purchased two sareers for $2150 each.She sold one saree at a loss of 8% and the other at a gain.If she had a gain of $1230 on the whole transaction, find the selling price of the second saree.
|| ★★ FORMULA USED ★★ ||
→ SP = CP * (100+ P%)/100 = CP * (100 - L%)/100
→ Profit and loss % are always on CP.
|| ✰✰ ANSWER ✰✰ ||
it has been given that, Nidhi purchased two sareers for $2150 each .
That Means ,
➳ Her overall CP = 2150 * 2 = $4300. -------- Equation(1)
_________________
Now, she sold One saree at a Loss of 8% .
So,
➺ SP1 = CP * (100 - L%)/100
➺ SP1 = 2150 * (100 - 8)/100
➺ SP1 = 2150 * 92 /100
➺ SP1 = $1978 . ------------ Equation (2)
_________________
Now, it has been said that, she had a gain of $1230 on the whole transaction. .
So ,
From Equation (1), we can say that,
➪ overall SP = overall CP + overall gain
➪ overall SP = 4300 + 1230
➪ overall SP = $ 5530 -------------- Equation (3)
_________________________
Now , From Equation (2) , we have SP of First saree ,
So, if we subtract Equation (2) , From Equation (3) , we get SP of second saree .
☞ SP of second saree = Overall SP - SP of first saree
☞ SP2 = 5530 - 1978
☞ SP2 = $3552 . -------------- Equation (4).
So, SP of second saree was $3552.
________________________
★★Extra Brainly Knowledge★★
If you want The profit % of second saree on which she sold , we can find now,
☛ CP2 = $2150
☛ SP2 = $3552
☛ Profit = 3552 - 2150
☛ Profit = $1402
☛ Profit % = (Profit in $ * 100) / CP
☛ Profit % = (1402*100)/2150
☛ Profit % = 65.20% (Approx) .
Hence, we can say that, she sold the second saree at a profit of 65.20% to gain $1230 overall.