The selling price of 30 items is equal to the cost price of 25 items what is the profit and loss
Answers
Answer:
33.33 % profit on selling 6o articles with profit = selling price of 15 articles
360 is the cost Price of Watch on which Customer Gains
Step-by-step explanation:
By selling 60 articles a vendor makes a profit equal to the selling price of 15 articles. Find his gain percentage
Let say Cost Price = C & selling Price = S per item
Profit = 60S - 60C = 15S
=> 45S = 60C
=> 3S = 4C
=> S = 4C/3
Profit = 4C/3 - C = C/3
Profit % = 100 * (C/3)/C = 33.33%
The total cost price of two watches is 840. One is sold at a profit of 16% and the other at a loss of 12%. There
is no loss or gain in the whole transaction. What is the cost price of the watch on which the shopkeeper gains?
Cost Price of one with Gain = X
Another with loss = 840 - X
Selling Price of one = X + (16/100)X = 1.16X
Selling Price of another = (840-X) - (12/100)(840-X) = 0.88(840 -X)
= 739.2 - 0.88X
1.16X + 739.2 - 0.88X = 840
=> 0.28X = 100.8
=> X = 360
360 is the cost Price of Watch on which Customer Gains
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Step-by-step explanation:
Answer:
The loss% is 16.67%
Step-by-step explanation:
Let the cost price of 1 item = Rs.1
Cost price of 30 item = Rs.30
Cost price of 25 item = Rs.25
We are given that the selling price of 30 item is equal to the cost price of 25 item.
SP of 30 item = Rs.25
CP>SP
So, Loss
Loss% = cp-sp/cp×100
=30-25/30×100
=16.67%
Hence the loss% is 16.67%