A person sells two articles,each for Rs. 1040 | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(B) Selling price of each article $(SP)$ = $Rs. 1040$.Cost price of the first article $(CP_1)$ = $\frac{1040}{1 - 0.20} = \frac{1040}{0.80} = Rs. 1300

Vedclass · Accepted Answer

$15 \frac{5}{17} \%$

Vedclass · Answer

(B) Selling price of each article $(SP)$ = $Rs. 1040$.Cost price of the first article $(CP_1)$ = $\frac{1040}{1 - 0.20} = \frac{1040}{0.80} = Rs. 1300$.Cost price of the second article $(CP_2)$ = $\frac{1040}{1 - 0.10} = \frac{1040}{0.90} = Rs. 1155.56$ (approx) or $\frac{10400}{9}$.Total $CP = 1300 + \frac{10400}{9} = \frac{11700 + 10400}{9} = \frac{22100}{9} \approx Rs. 2455.56$.Total $SP = 1040 + 1040 = Rs. 2080$.Total Loss = Total $CP - $ Total $SP = \frac{22100}{9} - 2080 = \frac{22100 - 18720}{9} = \frac{3380}{9}$.Loss percentage = $\left( \frac{	ext{Total Loss}}{	ext{Total } CP} ight) 	imes 100 = \left( \frac{3380/9}{22100/9} ight) 	imes 100 = \frac{3380}{22100} 	imes 100 = \frac{3380}{221} = 15 \frac{5}{17} \%$.

$A$ person sells two articles,each for $Rs. 1040$. He incurs $20 \%$ loss on the first and $10 \%$ loss on the second. Find out the overall percent loss.

Similar Questions

$A$ dealer marks his goods $30\%$ above his cost price and then allows a $15\%$ discount on it. What is the cost price of an article on which he gains $₹84$?

$A$ man sold two cows at $Rs. 1995$ each. On one he lost $10\%$ and on the other he gained $10\%$. What is his gain or loss percent (in $\%$)?

The cost price of $100$ books is equal to the selling price of $60$ books. The gain or loss percentage will be:

If a stall sells a pizza at $Rs. 200$,he makes a $20 \%$ loss. If he wants to make a $10 \%$ profit,then at what price (in $Rs.$) should he sell it?

On selling $17$ balls at $Rs. 720$,there is a loss equal to the cost price of $5$ balls. The cost price of a ball is (in $Rs.$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module