1.

Two vehicles are sold for Rs.1897each. One is sold at a profit of 30%and another at a loss of 30%. What isthe net profit/loss%?​

Answer»

Given:

ONE vehicle is sold at a profit of 30%  and another at a LOSS of 30%.

To find:

The net profit or loss %

Solution:

The selling price of each vehicle is ₹1897

So the ratio of the selling price in both the cases must be the same.

On First vehicle there is a profit of 30% which is 3/10 and on the second article there is a loss of 30% which is again 3/10

So,

CP₁ = 10                               CP₂ = 10

P₁ = 3                                      L₂ = 3

SP₁ = 10+3 = 13                    SP₂ = 10-3 = 7

But ACCORDING to the question the Selling price of both the ITEMS must be the same.

CP₁ = 70                               CP₂ = 130                

P₁ = 21                                      L₂ = -39

SP₁ = 91                                 SP₂ = 91

so,

There will be the net loss which is

Loss = -39 + 21 = -18

Total Cost price of the both vehicle is:

CP = 130+70 = 200

  • Loss% = Loss×100/CP
  • Loss% = 18×100/200
  • Loss% = 9%

There will be net loss of 9%.


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