Question

two thirds of the consigment was sold at a profit of 5% and the reminder at a loss of 2% .if the total profit was ₹4000 ,find the value at which the consignment was purchased​

Answer 1

Answer:

Rs. 1,50,000

Step-by-step explanation:

let x be the CP of the consignment.

profit on 2/3 consignment = 2x/3 * 5/100 = x/30

Loss on 1/3 consignment = x/3 * 2/100 = x/150.

x/30 -  x/150 = 4000

4x/150 = 4000

x = 4000*150/4 = Rs. 1,50,000