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Question

Niddhi purchased two Sarees for Rs. 2,150 each. She sold one Saree at a loss of 8 percent and the other at a gain. If she had a gain of Rs. 1,230 on the whole transaction, find the selling price of the second Saree.
(chapter- profit, loss and discount)

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Solution

CP1= 2150
CP2=2150

Loss=8%

SP1=[(100-L%)/100] *CP1=[(100-8)/100]*2150=Rs. 1978

Total Profit =Rs. 1230

Hence,

(SP1+SP2) - (CP1+CP2) = 1230

(1978+SP2) - (2150+2150) = 1230

1978 + SP2 - 4300 =1230

SP2 - 2322 = 1230

SP2=Rs. 3552

hope it helps

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