Question

Two-thirds of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the
total profit was * 4000, find the value at which the consignment was purchased.

Answer 1

Answer:

1500 was the value at which the consignment was purchased

Step-by-step explanation:

Let the value of the consignment is Rs a

=2/3a×5/100-1/3a×2/100= 400

=a/30-a/150=400

=5a-a/150=400

=4/150a=400

=a=400×150/4

=15000