Question

Ram Singh Purchased two camels for rupees 18000 and rupees 15,000 respectively he sold them at a loss of 15% and a gain for 19% respectively find the selling price of each of the camels and also find overall loss or gain percentage in the transaction

Answer 1

Purchasing price of each rs1800
Selling price of first =1800*(85/100)=15300

Selling price of second =1800 *(119/100)=2142
Total selling price =3672
Total cost price =3600
Loss =72
Loss %=(72/3600)100=2

Answer 2

The selling price of each of the camels are Rs.15300 and Rs.17850 and The overall gain% is 0.45%

Step-by-step explanation:

Case 1 :

Cost price of camel = Rs.18000

Loss% = 15%

Selling price = CP-Loss

SP = 18000-0.15(18000)

SP=15300

Case 2 :

Cost price of camel = Rs.15000

Gain% = 19%

Selling price = CP+Profit

SP = 15000+0.19(15000)

SP=17850

Total CP = 18000+15000=33000

Total SP = 15300+17850=33150

SP>CP

So, Profit

$Profit\% = \frac{SP-CP}{CP} \times 100\\Profit\% = \frac{33150-33000}{33000} \times 100\\Profit\% = 0.45\%$

Hence the selling price of each of the camels are Rs.15300 and Rs.17850 and The overall gain% is 0.45%

#Learn more:

A man sold two articles at rupees 25920 each these was sold at 8% gain and 4% loss respectively find the gain or loss percent in the whole transaction

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