1.

A person sells two fans for Rs. 3200. The cost price of the first fan is equal to the selling price of the second fan. If the first is sold at 40% loss and the second at 100% gain, what is total profi

Answer»

Rs. 200



Let the COST price of 1st fan = SELLING price of second fan = Rs 100
∴ Selling price of 1st fan = 60(Because loss is 40%)
Cost of second fan = 50 (Because profit is 100%)
Total cost = 100 + 50 = 150
and total selling price = 60 + 100 = 160
When total SP = 160,
then totalcost = 150
∴ When SP = 3200,
then cost = 150/160 x 3200 = 3000
∴ Profit = 3200 - 3000 = 200



Discussion

No Comment Found