Question

Surjeet purchased a dinning table for rs. 44000. He sold it at a loss of 7%. With that money he purchased another dinning table and sold it at a profit of 10%. What is his overall loss/profit?

Answer 1

Answer:

profit = 22

Explanation:

44000×7%=3080 loss . 44000-3080=40020. 40020×10%=4002. hence, profit overall profit 4002-3080=22.

Answer 2

Answer:

profit=Rs.1012

Explanation:

CP = ( SP * 100 ) / ( 100 -percentage loss)

first cp=44000

44000=(sp*100)/(100-7)

sp=40920

after buy another table now cost price is 40920

then we calculate

CP = ( SP * 100 ) / ( 100 + percentage profit)

40920=(sp*100)/(100+10)

sp=45012

then we subtract with first cost price we get profit

profit=45012-44000=1012