Mr modi bought two kettles for Rs 1625. He sold one of them at 20% profit and the other at 20% loss. Calculate his profit or loss percent in the total transaction if the selling prices of both kettles are same
Answers
Answered by
0
Answer:
When first kettle sold,
Cp=Rs1625
Profit %=20%
Sp=1625+20/100×1625
or,Sp=1625+325
SP=Rs1950
When second kettle sold,
Cp=Rs 1625
loss%=20%
So,Sp=1625-20%of1625
Sp=1625-325
Sp=Rs1300
Total sp=Rs3250
Total cp=Rs 250
Hence,
No profit and loss happened
Answered by
0
Answer:
loss percent = 4%
Step-by-step explanation:
If both SP are equal , overall loss percent
Hence = -20 * 20/100 = -4%
(or)
Let take x, (1625-x)
x * 80/100 =( 1625-x) *120/100
x = 975 and other = 650
SP = 780
To find total profit or loss percent,
= (total CP-total SP)*100/total CP
=(1625 - 1560)*100/1625
= 4 percent
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