CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

If a shopkeeper incurs 10% loss and 25% profit on items sold for  ₹ 45 and  ₹ 40 respectively, then find his net profit/loss.
[4 MARKS]


Solution

Application: 1 Mark 
Steps: 2 Marks
Answer: 1 Mark

Let the cost price of item sold at loss be  x

x10 % of x=45

x10100×x=45

x110×x=45

10xx10=45

x=50Cost price is   50

Loss =   (50 - 45) =   5

Similarly, let the cost price of an item sold at profit be ₹ y.

y+25 % of y=40

y+25100×y=40

y+14×y=40

4y+y4=40

y=32Cost price is    32

Profit =  (40 - 32) =   8

Net gain =   (8 - 5) =  ₹ 3
 
So, the shopkeeper makes a profit of   3.

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
QuestionImage
QuestionImage
View More...



footer-image