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Question

Nidhi purchsedtwo saree for rs 2150 each.she sold one saree at a loss of 8./. And the other at a gain if she had a gain of rs 1230 on the whole transaction find the selling price of the second saree

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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

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