two thirds of the consigment 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
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Answered by
5
Hi there!
Let us suppose that,
Price of consignment was 100.
2/3 i.e. 66.66% sold at 5% profit.
So,
S.P. = 66.66 + 5% of 66.66 = 69.99 = 70 (approx.)
Rest,
33.33% sold at 2% loss.
SP = 33.33 - 2% of 33.33 = 32.66.
Total S.P. = 70 + 32.66 = 102.66
Then,
Profit = 4000
102.66 - 100 = 4000
2.66 = 4000
4000 / 2.66 = 1
100 = (4000 × 100) / 2.66
100 = 150376 ----(approx.)
Hence, The required answer is :-
C.P. the of consignment = rs. 150376.
hope it helps! :)
Let us suppose that,
Price of consignment was 100.
2/3 i.e. 66.66% sold at 5% profit.
So,
S.P. = 66.66 + 5% of 66.66 = 69.99 = 70 (approx.)
Rest,
33.33% sold at 2% loss.
SP = 33.33 - 2% of 33.33 = 32.66.
Total S.P. = 70 + 32.66 = 102.66
Then,
Profit = 4000
102.66 - 100 = 4000
2.66 = 4000
4000 / 2.66 = 1
100 = (4000 × 100) / 2.66
100 = 150376 ----(approx.)
Hence, The required answer is :-
C.P. the of consignment = rs. 150376.
hope it helps! :)
addi7:
your answer was almost right ,the real ans.is 150000
hmm! it is the approximate answer!
Happy to help ya buddy! :)
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Answered by
3
Let Price of consignment was 100.
2/3 I.e. 66.66% sold at 5% profit.
So, SP = 66.66 + 5% of 66.66 = 69.99 = 70 (approx.)
Rest, 33.33% sold at 2% loss.
SP = 33.33 - 2% of 33.33 = 32.66.
Total SP = 70 + 32.66 = 102.66
Profit = 4000
102.66 - 100 = 4000
2.66 = 4000
1 = 4000/2.66
100 = (4000*100)/2.66
100 = 150376 (Approx)
CP of consignment was Rs. 150376.
2/3 I.e. 66.66% sold at 5% profit.
So, SP = 66.66 + 5% of 66.66 = 69.99 = 70 (approx.)
Rest, 33.33% sold at 2% loss.
SP = 33.33 - 2% of 33.33 = 32.66.
Total SP = 70 + 32.66 = 102.66
Profit = 4000
102.66 - 100 = 4000
2.66 = 4000
1 = 4000/2.66
100 = (4000*100)/2.66
100 = 150376 (Approx)
CP of consignment was Rs. 150376.
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