Saved Bookmarks
| 1. |
Akash had two cups which he purchased for Rs 390 and 460 respectively. Upon selling the second cup at Rs. 575, he made a total profit of 245 on both the cups. If the profit percentage for the two cups is interchanged, find his total profit (in Rs.).1. 204.832. 224.833. 264.834. 250.83 |
||||||||||||
|
Answer» Correct Answer - Option 4 : 250.83 Given: Akash purchased two cups for Rs 390 and 460 respectively. Upon selling the second cup at Rs. 575, he made a total profit of 245 on both the cups. The profit percentage for the two cups is interchanged. Formula Used: Profit or Gain = Selling price – Cost Price Loss = Cost Price – Selling Price Profit percentage = (Profit /Cost Price) x 100 Loss percentage = (Loss/Cost price) x 100 Calculation:
1st profit = Rs. (390 × 1/4) = Rs. 97.5 2nd profit = Rs. (460 × 1/3) = Rs. 153.33 Total profit = Rs. 250.83 ∴ His total profit is Rs. 250.83 |
|||||||||||||