two articles are bought at the same price one is sold at 15 percent loss and other is 10 percent loss find overall loss percentage
Answers
Overall loss percentage is 12.5 % .
Given: Loss % of both items, cost price
To Find: Overall loss %
Solution :
Let the price of both articles be Rs 100 each. Therefore, total Cost Price is Rs 200.
For first article, loss = 15%.
So, Selling Price of first article is 100 - 15 = Rs 85.
For second article, loss = 10%.
So, Selling Price of second article is Rs 90.
Total selling price = 90 + 85 = Rs 175.
Total loss = Total CP - Total SP
= 200 - 175 = Rs 25.
Overall loss percentage = (Total Loss / Total Cost Price) x 100
= (25/200) x 100
= 12.5 %
Therefore, overall loss percentage is 12.5 % .
The overall loss percentage is 12.5 % .
Given:
Two articles are bought at the same price. One is sold at 15% loss and other at 10% loss.
To Find:
The overall loss percentage.
Solution:
Let us assume that the price at which both articles are bought is Rs 100 each.
Hence, the total cost price = Rs 200
The loss incurred on the first article = 15% of 100 = Rs 15
∴ Selling price of first article = 100 - 15 = Rs 85.
The loss incurred on the second article= 10% of 100 = Rs 100.
∴ Selling price of second article = 100 - 10 = Rs 90.
Hence, total selling price = 85+90 = Rs 175.
Now,
Total loss = Total cost price - Total selling price
⇒Total loss = 200 - 175 = Rs 25.
Overall loss percentage = (Total Loss / Total Cost Price) x 100
⇒ Overall loss percentage = (25/200) x 100 = 12.5 %
Therefore, the overall loss percentage is 12.5 % .
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