Question

One-third of consignment was sold at a profit of 8% and remaining at a loss of 1%.If the total profit was rs.360 the value of the consignment was

Answer 1

Answer:

1/3x*8/100-2/3x*1/100=360

8x/300-2x/300=360

6x/300=360

6x=360*300

x=108000/6

18000

Answer 2

Answer:

The value of the consignment was 18000 rupees

Step-by-step explanation:

Let the value of the consignment be x

The profit of one-third of a consignment is 8%

Therefore profit of one-third of a consignment is given by  $\frac{x}{3}(\frac{8}{100} )$

The loss of the remaining two-thirds of a consignment is 1%

loss of the remaining two-thirds of a consignment is given by $\frac{2x}{3}(\frac{1}{100} )$

Total profit = 360

Total profit = (profit of one-third - loss of remaining two-third )

$360=\frac{x}{3}(\frac{8}{100} )-\frac{2x}{3}(\frac{1}{100} )$

$360=\frac{8x}{300}-\frac{2x}{300}$

8x - 2x = 360×300

6x = 108,000

x = 18,000

Therefore the value of the consignment was 18000 rupees