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

3200 the consignment is purchased

Answer 2

Step-by-step explanation:

LeT CP be Rs x

IN CASE I,

CP of 2/3rd = Rs 2x/3

Gain%=5%

Gain=5/100*2x/3=Rs x/30

IN CASE II,

CP of 1/3rd = 1x/3,Loss%=2%

Loss=2/100*1x/3=Rs x/150 

Total Profit = Rs 4000

Net Profit in CASE I AND II,= profit - loss

So we can say , x/30-x/150=4000

4x/150=4000

4x=4000*150

x=600000/4

x=Rs 150,000(Ans)