man sells his goods at 25% p had he purchased it for x less and sold for x less then he gains 5 % more. had he buy it for y less and sold it for y less then he gains 40%. what is the profit % if both cp and sp are reduced by rs (x+y)
Answers
- The profit % if both CP and SP are reduced by Rs.(x + y) is equal to 54.54% .
Given :- A man sells his goods at 25% profit . Had he purchased it for x less and sold for x less then he gains 5 % more. Had he buy it for y less and sold it for y less then he gains 40%.
To Find :- What is the profit % if both CP and SP are reduced by Rs.(x + y) ?
Formula used :-
- SP = {CP × (100 + Profit %)}/100
- Profit % = (Profit in Rs. × 100) / CP
- CP = Cost Price
- SP = Selling Price
Solution :-
Let CP of the good was Rs. 100a .
So,
→ CP = Rs. 100a
→ Profit = 25%
→ SP = (100a × 125)/100 = Rs. 125a
Case 1) :- when CP and SP are reduced by Rs. x.
→ New CP = Rs.(100a - x)
→ New SP = Rs.(125a - x)
→ New profit = (125a - x) - (100a - x) = Rs.25a
A/q,
→ 30 = (25a * 100)/(100a - x)
→ 3(100a - x) = 250a
→ 300a - 3x = 250a
→ 3x = 50a
→ x = Rs.(50a/3) ---- (1)
Case 2) :- when CP and SP are reduced by Rs. y.
→ New CP = Rs.(100a - y)
→ New SP = Rs.(125a - y)
→ New profit = (125a - y) - (100a - y) = Rs. 25a
A/q,
→ 40 = (25a * 100)/(100a - y)
→ 4(100a - y) = 250a
→ 400a - 4y = 250a
→ 4y = 150a
→ y = Rs. (75a/2) ---- (2)
adding (1) and (2) :-
→ (x + y) = (50a/3) + (75a/2)
→ (x + y) = (100a + 225a)/6
→ (x + y) = Rs. (325a/6)
Then,
→ New CP = 100a - (325a/6) = (275a/6)
→ New SP = 125a - (325a/6) = (425a/6)
→ New profit = (425a/6) - (275a/6) = (150a/6) = Rs. 25a
therefore,
→ Required profit % = (Profit × 100)/CP
→ Required profit % = (25a * 100 * 6)/275a
→ Required profit % = (600/11)
→ Required profit % = 54.54% (Ans.)
Hence, Required profit % is equal to 54.54% .
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