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A person purchases 10 used generators at Rs. 2,000 each. Accessories of Rs. 5,000 were used to repair and paint the generators. He was able to sell 6 generators at Rs. 2,500 each but incurred a loss of 10% in the whole deal. Find the selling price of each generator and loss percentage on each generator of remaining generators.1. Rs 1500, 20%2. Rs 1875, 20%3. Rs 1500, 25%4. Rs 1875, 25%5. None of the above |
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Answer» Correct Answer - Option 4 : Rs 1875, 25% Given: C.P. = Rs. 2000 Accessories = Rs. 5000 6 generators S.P. = 2500 Formula used: S.P. = C.P. + Gain S.P. = C.P. – Loss loss% = (Loss/C.P.) × 100 Calculation: Total cost price = (10 × 2000) + 5000 ⇒ Total cost price = 25000 Now, 6 generators at Rs. 2500 ⇒ S.P. of 6 generators = 6 × 2500 ⇒ S.P. of 6 generators = 15000 Loss of 10% in whole deal ⇒ Total S.P. = Total C.P. – loss ⇒ Total S.P. = 25000 – 2500 ⇒ Total S.P. = 22500 ⇒ Total S.P. = S.P. of 6 + S.P. of rest 4 generators ⇒ S.P. of 4 generators = 22500 – 15000 ⇒ S.P. of 4 generators = 7500 ⇒ S.P. of one generator = 7500/4 ⇒ S.P. of one generator = 1875 S.P. = 1875 C.P. = 25000/10 ⇒ Loss = 2500 – 1875 ⇒ Loss = 625 ⇒ Loss% = (625/2500) × 100 ⇒ Loss% = 25% ∴ Loss of 25% is incurred on remaining generators which were sold at Rs. 1875 each. |
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