Q.7) Bhavana bought two fans for 33605. She sold one at a profit of 15% and the
other at a loss of 9%. If Bhavana obtained the same amount for each fan, find the
cost price of each fan.
pls give the correct answer
Answers
Step-by-step explanation:
c.p of both fans =33605
each fan is sold at profit of = 15%
other fan is sold at the loss of = 9%
So, c.p of each fan = 33605/2= 16,802.5
So, cost price of each fan is = 16802.5 Rs
S.p of each fan= c.p(100+p%)/100 {formula for finding S.p}
= 33605(100+15)/100
= 33605*115/100
= 3864575/100
= 38645.75
So S.p of each fan is 38645.75 Rs
profit = S.p - C.p = 38645.75 - 33605 = 5040.75 Rs
S.p of other fan = c.p(100-L%)/100
= 33605(100-9)/100
= 33605*91/100
= 3078055/100
=30780.55 Rs
So, S.p other fan is RS 30780.55
Loss = c.p - S.p = 33605 - 30780.55 = 2824.45