Menu bought 2 fans for 1200 each. Then she sells
one fan for 5% loss and other for 10% gain. Find the
selling price for each fan. Also find total loss or profit.
Answers
Answer:
PROFIT = Rs 60
Step-by-step explanation:
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
Answer:
no.of fans bought by Menu = 2
2 fans @ rs.1200 each
one fan I sold for 5% loss.i.e, sales price of 1st fan is 1200-1200×5% = Rs.1140
second fan is sold with 10% profit. Sales price of that fan is 1200+1200×10% = 1320
Profit or loss calculation:
Actual value of 2 fans = 1200+1200
= 2400
sales price of both fans = 1140+1320
= 2460
therefore profit = 2460 - 2400
= 60