Question

Meenu bought two fans for ₹1200 each. She sold one at a loss of 5% and the other at a profit of 10%. Find the selling price of each. Also find the total price of loss. ​

Answer 1

Solution:

Overall CP of each fan = ₹1200 .

One is sold at a loss of 5% .

• ( This means if CP is ₹100, SP is ₹95 ) .

• Therefore,When CP is ₹1200 , Then SP is ₹ 1140.

$= > \frac{95}{100} \times 1200 = 1140$

Also,Second fan is sold at a profit of 10% .

• It means , If CP is ₹100 , SP is ₹110.

Therefore , When CP is ₹1200 , Then SP is ₹1320.

• We need to find the combined CP and SP to say whether there was an overall profit or Loss..

• Total CP = ₹ 1200 + ₹ 1200 = ₹ 2400.
• Total SP = ₹ 1140 + ₹ 1320 = ₹ 2460.

Since total SP > total CP , A profit of ₹ ( 2460 - 2400 ) or ₹60 has been made ..

Hope this helps you :)