✼Question
➥Ramesh sold two articles at rupees 375 each on one he gains 25% and on the other He losses 25% find his gain % or loss percent in the whole transaction
Answers
Answer:
We have,
Selling price of two articles is Rs 375 each.
Cost Price of one article at 25% gain :
C.P = (S.P x 100)/(100 + gain)
=(375 x 100)/(100 + 25)
= 37500/125
=300
Cost price of other article at 25% loss :
C.P = (S.P x 100)/(100 - loss)
= (375 x 100)/(100 - 25)
= 37500/75 = 500
Now,
Cost Price of two articles = Rs (300 + 500) = Rs 800
Selling price of two articles = Rs (375 + 375) = Rs 75O
Cost Price > Selling price
Loss = C.P - S.P
= Rs (800 - 750)
= Rs 50
Loss % = (loss × 100)/C.P %
(50 x 100)/800 %
= 5000/800 %
= 6.25%
Answer : The loss percent in the whole transaction = 6.25%
hope it helps u
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Article - 1:
- S.P. (Selling Price) = ₹375
- Profit% = 25%
- We have to find C.P. (Cost Price) of the article.
We know that,
Now, substitute the values,
C.P. = ₹300
Article - 2:
- S.P. = ₹375
- Loss% = 25%
- We have to find C.P. of the article.
We know that,
Now, substitute the values,
C.P. = ₹500
___________________________________________________________________
Overall transaction:
Total S.P. of both the articles = ₹375 × 2
= ₹750
Total C.P. of both the articles = ₹(500+300)
= ₹800
Clearly,
₹750 < ₹800
S.P. < C.P.
Therefore, it is a loss.
Loss = C.P. - S.P.
Loss = ₹(800-750)
Loss = ₹50
We know,
Substitute the values,
Loss% = 6.25%
Final answer:
Loss% on the overall transaction is of 6.25%.