1.

Atul bought a machine for rs.4,50,000 and sold it to irfan who later sold the machine to danish at a loss of 10% for rs.4,95,000. the profit earned by atul is

Answer»

Answer:

C.P. of machine for ATUL = Rs. 4,50,000

Case 1: Irfan sold the machine to Danish

S.P. of the machine for Irfan = Rs. 4,95,000

Loss% = 10%

∴ C.P. of the machine for Irfan

= [100 / (100 - L%)] * S.P.

= [100 / (100 - 10)] * 4,95,000

= [100/90] * 4,95,000

= Rs. 5,50,000

Case 2: Here, the C.P. of the machine for Irfan will be the S.P. of the machine for Atul

∴ Profit percent EARNED by Atul will be,

= [(5,50,000 - 4,50,000) / 4,50,000] * 100

= [100000 / 450000] * 100

= 22.22%

Hence, Atul earned a profit of 22.22%.


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