Question

if two towels of rs.100 each are sold. one at 10% profit and the other at 5% loss,then the net worth is?

Answer 1

1 towel =100 then( 2 =200 )10-5 =5 5/100*200=210

Answer 2

Find the selling price of the two towels:

Selling Price of 1 towel = Rs 100

Selling Pice of 2 towels = 100 x 2 = Rs 200

Find the cost price of the first towel:

Profit = 10%

Selling Price = 100 + 10 = 110%

Selling Price = Rs 100

110% = Rs 100

1% = 100 ÷ 110 = 10/11

100% = 10/11 x 100 = Rs 90.91

Find the cost price of the second towel:

Loss = 5%

Selling Price = 100 - 5 = 95%

Selling Price = Rs 100

95% = Rs 100

1% = 100 ÷ 95 = 20/19

100% = 20/19 x 100 = Rs 105.26

Find the total cost:

Total cost = 90.91 + 105.26 = Rs 196.17

Find the gain:

Gain = 200 - 196.17 = Rs 3.83

Gain Percentage = gain / cost price x 100

Gain Percentage = 3.83 / 196.17 x 100 = 1.95%

Answer: The gain was Rs 3.83 and it is 1.95%