two umbrella were bought for Rs 200 each. one was sold at a profit of 25% and the other at a loss of 10 % find the profit on the whole
Answers
Step-by-step explanation:
The cost price of first radio, sold on 25% loss on the cost of radio
The cost price of radio
( 75/100) * cost price = ₹120
75 × cost price = 120 × 100
Cost price = 12000/75
= ₹160
The cost price of second radio, sold at a gain of 25% of the cost.
(125/100) * cost price = ₹120
125 × cost price/100= 120
125 × cost price = 120 × 100
Cost price = 120 × 100/125
= 12000/125
= ₹96
Cost price of two radios= ₹160 + ₹96 = ₹256
Sale price of two radios = ₹120 × 2 = ₹240
Loss = cost price - sale price
Loss% = (cost price - sale price)/cost price ×100
Loss% = (₹256 - 240)/₹240 × 100
Loss% = ₹16/240 × 100
Loss = ₹1600/240
Loss % = 6.666%
The shopkeeper has got loss of ₹16 on two radios and loss percentage was 6.666%
Answer : The merchant has got loss of ₹16 on two radios and loss percentage was 6.666% in entire transaction
☆MARK ME BRAINLIST ☆
《 YOUR ANSWER 》
