Question

Hare Ram bought two electric fans at the cost of 3000 each. He sold one at a price
of 500 and the other at a profit of 5%. Find his overall profit per cent.
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Answer 1

Answer:

=2400

Loss on F

1

=10%

Profit on F

2

=15%

For F

1

:

SP=CP−10% of CP

SP=2400−

100

10

×2400=2160

For F

2

:

SP=CP+15% of CP

SP=2400+

100

15

×2400=2760

Total SP=2160+2760=4920

Total CP=2×2400=4800

Profit or Loss=SP−CP=120 (Positive)

Hence, Hari makes a profit of Rs.120

Answer 2

Answer:

CP of both fans =Rs 3000x2=Rs6000.

SP of one fan at a profit of Rs 500 = Rs(3000+500)=Rs3500.

SP of 2nd fan = Rs3000 +(5%of3000)=Rs 3000+(5/100x3000)=Rs3000 + 150=Rs 3150

Total SP =(3150+3500=)=26650

So profit =(6650-6000)=2650

Therefore profit

%=650/76000x100)%=10.83%(approx.)

Step-by-step explanation:

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