The cost price of a bat and ball is rs.75.the retailer sold bat at 40% profit and ball at 60% loss.find the cost price of the bat if in the whole transaction he earns rs.20 as profit?
Answers
Given :
The total cost price of bat and ball = Rs 75
The profit% on bat = 40 %
The loss% on ball = 60%
Profit earn on whole transition = Rs 20
To Find :
The cost price of the bat
Solution :
Let The cost price of bat = Rs A
Let The cost price of ball = Rs B
∵ total cost price of bat and ball = Rs 75
So, A + B = Rs 75
Again
Profit% for bat =
Or, 40% =
or, =
Or, + 1 =
i.e = 1.4
Again
Loss% for ball =
Or, 60% =
Or, =
Or, = 1 -
i.e = 0.4
Or,
A/Q
Total cost price of bat and ball = Rs 75
i.e + = 75 .............1
∵ Total profit = Rs 20
Or, [ ( ) + ( ) = 20
Or, [ ) - ( )] = 20
Or, = 20 +
∴ = 20 + 75
i.e = Rs 95
As = 1.4
And = 0.4
So, 1. 4 + 0.4 = 95 ..........2
Solving eq 1 and eq 2
( 1.4 + 0.4 ) - 0.4 ( + ) = 95 - 0.4 × 75
i.e 1 + 0 = 95 - 30
Or, = 65
∴ =
i,e = Rs 65
So,The cost price of bat = = Rs 65