A shopkeeper sold two items, one at 25% profit and another at 15% loss. If the cost price of A is 15% more than B. What is overall profit/lo

Question

A shopkeeper sold two items, one at 25% profit and another at 15% loss. If the cost price of A is 15% more than B. What is overall profit/loss percentage?

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Anna 2 months 2021-10-05T03:30:50+00:00 1 Answer 0 views 0

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    2021-10-05T03:32:28+00:00

    Answer:

    The sum of the cost price of both the items is Rs. 349.98.

    • Let the cost price of the article sold at 15 % loss be x.

    According to the given condition,

    Cost price of the article sold at 25 % profit = 2x

    • Selling price of an article sold at a profit = { (100 + Profit %) / 100 } × C.P.

    ∴ Selling price of the article sold at 25 % profit = { (100 + 25) / 100 } × 2x

    Or, S.P. of the first article = (125 / 100) × 2x

    = (5 / 4) × 2x

    = (5 × 2x) / 4

    = 5x / 2

    • Selling price of an article sold at a loss = { (100 – Loss %) / 100 } × C.P.

    ∴ Selling price of the article sold at 15 % loss = { ( 100 – 15) / 100 } × x

    Or, S.P. of the second article = (85 / 100) × x

    = (17 / 20) × x

    = (17 × x) / 20

    = 17x / 20

    • Now, the total selling price of two articles = (5x / 2) + (17x / 20)

    = ( 5x × 10 + 17x × 1 ) / 20

    = (50x + 17x) / 20

    = 67x / 20

    • Given that, total profit earned on both the articles = Rs. 35

    Now, Total Profit = Total S.P. – Total C.P.

    • Total C.P. of the two articles = x + 2x = 3x

    • Therefore,

    Rs. 35 = (67x / 20) – 3x

    Or, Rs. 35 = (67x – 3x × 20) / 20

    Or, Rs. 35 = (67x – 60x) / 20

    Or, Rs. 35 = 6x / 20

    Or, x = (Rs. 35 × 20) / 6x

    Or, x = (Rs. 35 × 10) / 3x

    Or, x = Rs. 350 / 3x

    Or, x = Rs. 116.66

    • Now, the cost price of the article sold at a loss of 15 % = Rs. 116.66

    Cost price of the article sold at a profit of 25 % = 2× Rs. 116.66 = Rs. 233.32

    • Total cost price of both the articles = Rs. 116.66 + Rs. 233.32

    = Rs. 349.98

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