Manisha bought a dress at Rs.800 and made a profit of 20% while selling. She also bought a pair of shoes for Rs.1000 and made a loss of 15%. Find her net profit.
Answers
Step-by-step explanation:
Profit by selling dress = 800/100 × 20
= 160
Loss by selling shoes= 1000/100 × 15
= 150
Net profit= 160-150= 10
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Step-by-step explanation:
Given :-
Manisha bought a dress at Rs.800 and made a profit of 20% while selling.
She also bought a pair of shoes for Rs.1000 and made a loss of 15%.
To find :-
Her net profit.
Solution :-
Given that
The Cost Price of the dress = Rs. 800
Profit on it (g) = 20%
We know that
Selling Price = [(100+g)×CP]/100
=> Selling Price = [(100+20)×800]/100
=> Selling Price = (120×800)/100
=> Selling Price = 120×8
=> Selling Price = Rs. 960
Selling Price of the dress = Rs. 960
The Cost Price of the pair of shoes
= Rs.1000
Loss on it (l) = 15%
We know that
Selling Price = [(100-l)×CP]/100
=> Selling Price = [(100-15)×1000]/100
=> Selling Price = (85×1000)/100
=> Selling Price = 85×10
=> Selling Price = Rs. 850
Selling Price of the pair of shoes
= Rs. 850
Cost price of two items
= 800+1000
= Rs. 1800
Selling Price of two items
= 960+850
= Rs. 1810
We have, Selling Price > Cost Price
=> profit occurs
We know that
Profit = Selling Price - Cost Price
=> Profit = 1810-1800
Therefore, Profit = Rs. 10
Answer:-
The net profit of Manisha is Rs. 10
Used formulae:-
→ Selling Price = [(100+g)×CP]/100
→ Selling Price = [(100-l)×CP]/100
→Profit = Selling Price - Cost Price