Question

Priya sold two different bags for 120 each. She made
a profit of 25% on the first bag but incurred a loss of
25% on the second bag. How much was her overall profit
or loss for the sale of the bags?
(A) Profit of 18
(B) Loss of 40
(C) Profit of 24
(D) Loss of 16​

Answer 1

Step-by-step explanation:

FOR THE FIRST BAG,

SP = 120

Answer 2

Answer:

D) Loss of Rs. 16

Step-by-step explanation:

Total selling price =120+120 = 240

let the cost prices be cp1 and cp2 respectively.

$\frac{125}{100} \times cp_{1} = 120 \\ \frac{5}{4} \times cp_{1} = 120 \\ cp_{1} = 120 \times \frac{4}{5} = 24 \times 4 = 96 \\ \frac{75}{100} \times cp_{2} = 120 \\ \frac{3}{4} \times cp_{2} = 120 \\ cp_{2} = 120 \times \frac{4}{3} = 40 \times 4 = 160$

Total cost price = 96+160 = 256

hence, there is a loss of Rs. 16

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