The cost price of a box and a pen is Rs 120. The box is sold at 10% profit and
the pen is sold at 10% loss. If the selling price of the box is Rs 52 more than that
of the pen, calculate the profit or loss percent in the whole.
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❍Let consider Cost Price of box be x rupees and cost price of pen be (80 - x) rupees.
According to the question:
- We are given with cost price of box and pen is 120 rupees and box is sold at 10% profit and pen is sold at 10% loss and lastly we are given that selling price of box is 52 rupees more than that of pen and we are said to find profit percent on whole.
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Therefore,
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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