Question

Usha bought two sarees for rs 1600 each. She old one for rs 1300 and the other for rs 1800. Find the overall profit or los percent.with step by step explanation​

Answer 1

CP of 1st saree : ₹1600

SP of 1st saree:₹1300

since,CP>SP..it is a loss

loss=CP-SP

₹1600-₹1300

₹300

CP of 2nd saree:₹1600

SP of 2nd saree:₹1800

since,SP>CP..it is a gain

gain=SP-CP

₹1800-₹1600

=₹200

TOTAL TRANSACTION=LOSS==>₹300-₹200==>₹100

AND FOLLOW THE LAST ITALICIZED

TOTAL CP=(₹1600)x2

                  =₹3200

TOTAL SP=₹1300+₹1800

                =₹3100

CP>SP

there fore it is a loss

loss=TOTAL CP- TOTAL SP

     =₹3200-₹3100

     =₹100

LOSS%=($\frac{LOSS}{CP}$ X100) %

                         

          = 100  X100

             3200

=$\frac{25}{8}$=3$\frac{1}{8}$