Meenu bought two fans for Rs. 1200 each. She sold one at loss of 5% and other at a profit of 10%. Find the S.P. of each.
Answers
Answer:
Step-by-step explanation:
Cost price of each fan=1200
Meena sold one fan at loss of 5%
1200*5%=60
Selling price=Cost price-loss price=1200-60
=1140 rupees
Meena sold other fan at 10% profit
1200*10%=120
Selling price of second=Cost price+profit price
1200+120=1320 Rupees
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Given C.P of first fan = Rs 1200
He sold the fan at a loss of 5%
⇒ Loss on first fan= 5% of 1200
= 5/100*1200
= Rs 60
S.P of fan = C.P - loss
= 1200 -60
= Rs 1140
C.P of 2nd fan = Rs 1200
He sold at a profit of 10%
profit of second fan= 10% of 1200
= 10/100*1200
= Rs 120
S.P of 2nd fan = profit + C.P
= 1200+120
= Rs 1320
Total cost price of two fans = 1200 + 1200 = Rs 2400
Total S.P of 2 fans = 1320+1140 = Rs 2460
Since S.P > C.P
He got profit on whole
profit = S.P - C.P
= 2460 - 2400
= Rs 60
Profit% = profit/C.P * 100
= 60/2400 * 100
= 2.5% profit on whole