A shopkeeper sold two bicycles for Rs. 1500 e | vedclass

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

Question

(A) Selling price of each bicycle = $Rs. 1500$.Total selling price = $1500 + 1500 = Rs. 3000$.Cost price of the first bicycle (gain of $25\%$) = $1500

Vedclass · Accepted Answer

$2 \frac{18}{41} \% 	ext{ loss}$

Vedclass · Answer

(A) Selling price of each bicycle = $Rs. 1500$.Total selling price = $1500 + 1500 = Rs. 3000$.Cost price of the first bicycle (gain of $25\%$) = $1500 	imes \frac{100}{125} = Rs. 1200$.Cost price of the second bicycle (loss of $20\%$) = $1500 	imes \frac{100}{80} = Rs. 1875$.Total cost price = $1200 + 1875 = Rs. 3075$.Since total cost price $(Rs. 3075)$ > total selling price $(Rs. 3000)$,there is a loss.Loss = $3075 - 3000 = Rs. 75$.Loss percentage = $\frac{	ext{Loss}}{	ext{Total Cost Price}} 	imes 100 = \frac{75}{3075} 	imes 100 = \frac{1}{41} 	imes 100 = \frac{100}{41} \% = 2 \frac{18}{41} \% 	ext{ loss}$.

$A$ shopkeeper sold two bicycles for $Rs. 1500$ each. On one,he gains $25\%$ and on the other he loses $20\%$. His gain or loss per cent in the whole transaction is

Similar Questions

Meenal purchased a car for $Rs. 2,50,000$ and sold it for $Rs. 3,48,000$. What is the percent profit she made on the car?

Seema purchased an item for $Rs.\, 9600$ and sold it for a loss of $5\%$. From that money, she purchased another item and sold it for a gain of $5\%$. What is her overall gain or loss?

$A$ sells an article to $B$ at a gain of $20 \%$,$B$ sells it to $C$ at a gain of $10 \%$,and $C$ sells it to $D$ at a gain of $12 \frac{1}{2} \%$. If $D$ pays $₹ 29.70$,then $A$ purchased the article for (in $₹$):

$A$ trader marked his goods at $20 \%$ above the cost price. He sold half the stock at the marked price,one quarter at a discount of $20 \%$ on the marked price,and the rest at a discount of $40 \%$ on the marked price. His total gain is.......$\%$

If the selling price of $\frac{2}{3}$ of a certain quantity of milk is equal to the cost price of the whole quantity of milk,then what will be the gain percent in this transaction?

Vedclass Test Series

Exam Paper Generator

Online Exam Module