reena buys two bedsheet for rs 450 ,she sell one at the profit of 6% and another at 6% of loss . find her gain or loss
Answers
Step-by-step explanation:
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No Profit and No Loss
Step-by-step explanation:
Given :-
Reena buys two bedsheet for Rs. 450 she sell one at the profit of 6% and another at 6% of loss .
To find :-
Find her gain or loss ?
Solution :-
Given that :
Reena buys two bedsheets for Rs. 450
The Cost price of first bed sheed =
Rs. 450
Profit on it (P)= 6%
We know that
Selling Price = (100+P)CP/100
=> SP = (100+6)×450/100
=> SP = (106×450)/100
=> SP = 47700/100
=> SP = Rs. 477
Selling Price of the first bed = Rs. 477
and
The Cost price of second bed sheed = Rs. 450
Loss on it (L) = 6%
We know that
Selling Price = (100- L)CP/100
=> SP = (100-6)×450/100
=> SP = (94×450)/100
=> SP = 42300/100
=> SP = 423
Selling Price of the second bed = Rs. 423
Cost Price of two bed Sheets
= 450+450
= Rs. 900
Selling Price of the two bed sheets
= 477+423
= Rs. 900
Cost Price of both bed sheets = Rs. 900 ----(1)
Selling Price of both bed sheets = Rs. 900---(2)
from (1)&(2)
Cost Price = Selling Price
So No loss ,No profit
Answer :-
Reena has no Profit and No loss on the whole transaction.
Used formulae:-
- Selling Price = (100+P)CP/100
- Selling Price = (100- L)CP/100