Question

Meenu bought two fans for rupees 1200 each .he sold one at a loss of 5% and other at a profit of 10%. find the selling price of each .also find out the total profit or loss.

Answer 1

C.P of first fan = Rs 1200
He sold the fan at a loss of 5%
⇒ Loss = 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 = 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 

Answer 2

Answer:

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