The cost of a box and a pen is Rs 120. The box is sold at a 10% profit and the pen is sold at a 10% loss. If the selling price of the box is Rs52 more than that of the pen, calculate the loss or profit per cent in the whole
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Answer:
Hence, Profit Percent is 2.5%
Step-by-step explanation:
Let Consider Cost Price of Box be x rupees.
Let consider Cost Price of Pen be (80-x) rupees.
Box is sold at 10% profit so
Using formula:
Now substitute the values
Pen is sold at 10% loss
Using Formula:
Now substitute the values
Hence, Total Selling Price is 82 rupees and Total Cost Price is 80 rupees respectively.
Using Formula:
Now substitute the values
Hence, Profit is 2 rupees.
Using Formula:
Now substitute the values
Hence, Profit Percent is 2.5%.
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