S Guddu bought 20 ravens and 12 swords. He marked-up the ravens by 15% on the cost price of each and the swords by $20 on the cost price of each. He sold 75% of the ravens and 8 swords and made a profit of $385. If the cost of a sword is 60%, the cost of a raven and he got no return on unsold items, what was his overall profit or loss?
Answers
Answer:
Rs. 355.
Step-by-step explanation:
I will give a different example with the same ans
Rohit bought 20 soaps and 12 toothpastes. He markedup the soaps by 15% on the cost price of each and the toothpastes by Rs 20 on the cost price of each. He sold 75% of the soaps and 8 toothpastes and made a profit of Rs 385. If the cost of a toothpaste is 60%, the cost of a soap and he got no return on unsold items, what was his overall profit or loss?
Let soap CP was Rs. 100 each. Then toothpaste CP would be Rs. 60 each.
SP of Soap = 100 + 15% of 100 = Rs. 115 each.
SP of Toothpaste = Rs. 80.
By selling 15 soaps and 8 Toothpaste, he gains Rs. 385.
But, due to
5 unsold soap, he lossed = 5 *100 = Rs. 500
4 unsold toothpaste, he lossed = 4 *60 = Rs. 240.
His total loss = 500 +240 = Rs. 740.
His actual loss = 740 - 385 = Rs. 355.
Answer:
Let soap CP was Rs. 100 each. Then toothpaste CP would be Rs. 60 each.
SP of Soap = 100 + 15% of 100 = Rs. 115 each.
SP of Toothpaste = Rs. 80.
By selling 15 soaps and 8 Toothpaste, he gains Rs. 385.
But, due to
5 unsold soap, he lossed = 5 *100 = Rs. 500
4 unsold toothpaste, he lossed = 4 *60 = Rs. 240.
His total loss = 500 +240 = Rs. 740.
His actual loss = 740 - 385 = Rs. 355.