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11 Two tables were sold at 990 each, one at a profit of 10% and the other at loss of 10%. What are the cost prices of each of the tables? In this sale, did the seller make a profit or loss? What is the percentageof profit or loss? |
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Answer» S.p of each table =RS 990 C.P of FIRST table = 100/100+10×990 = 100/110×990 =900 C.p of sec.table = 100/100-10×990 = 100/90 ×990 = Rs 1100 Total s.p = 990+990=1980 Total c.p = 900+1100=2000 Here c.p>s.p Loss =c.p-s.p =2000-1980 =20 Loss% =loss/c.p×100=20/2000×100 =1% |
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