Manohar purchased two handbags for Rs. 750 each. He sold these bags, gaining 6% on one and losing 4% on the other. Find his gain or loss percent in the whole transaction. plz ans fast
Answers
Dear friend,
Total C.P. = ₹750 × 2 = ₹1500
C.P. of first handbag = ₹750
Gain% = 6
S.P. = CP(100+Gain%) / 100
= 750(100+6) / 100
= 750(106) / 100
= ₹795
C.P. of second handbag = ₹750
Loss% = 4
S.P. = CP(100-Loss%) / 100
= 750(100-4) / 100
= 750(96) / 100
= ₹720
Total S.P. = ₹795 + ₹720
= ₹1515
As, S.P. > C.P.
So, Profit ...
Profit = S.P. - C.P.
= ₹1515 - ₹1500
= ₹15
Profit % = Profit / C.P. × 100
= 15 / 1500 × 100
= 1%
Answer: Profit % = 1%
Hope it helps !!!
Answer:
1%
Step-by-step explanation:
Dear friend,
Total C.P. = ₹750 × 2 = ₹1500
C.P. of first handbag = ₹750
Gain% = 6
S.P. = CP(100+Gain%) / 100
= 750(100+6) / 100
= 750(106) / 100
= ₹795
C.P. of second handbag = ₹750
Loss% = 4
S.P. = CP(100-Loss%) / 100
= 750(100-4) / 100
= 750(96) / 100
= ₹720
Total S.P. = ₹795 + ₹720
= ₹1515
As, S.P. > C.P.
So, Profit ...
Profit = S.P. - C.P.
= ₹1515 - ₹1500
= ₹15
Profit % = Profit / C.P. × 100
= 15 / 1500 × 100
= 1%
Answer: Profit % = 1%
Hope it helps !!!