Meenu bought two fans for 1200 each. She sold one at a loss of 5% and the other at a profit of 10%. Find the selling price of each . Also find out the total profit or loss.

Meenu bought two fans for 1200 each. She sold one at a loss of 5% an

1.	Meenu bought two fans for 1200 each. She sold one at a loss of 5% and the other at a profit of 10%. Find the selling price of each . Also find out the total profit or loss.
Answer» Given C.P of FIRST FAN = Rs 1200He sold the fan at a loss of 5%⇒ Loss on first fan= 5% of 1200 = 5/1001200 = Rs 60 S.P of fan = C.P - loss = 1200 -60 = Rs 1140C.P of 2nd fan = Rs 1200He sold at a profit of 10%profit of second fan= 10% of 1200 = 10/1001200 = Rs 120S.P of 2nd fan = profit + C.P = 1200+120 = Rs 1320Total COST price of two fans = 1200 + 1200 = Rs 2400Total S.P of 2 fans = 1320+1140 = Rs 2460Since S.P > C.PHe got profit on wholeprofit = S.P - C.P = 2460 - 2400 = Rs 60Profit% = profit/C.P * 100 = 60/2400 * 100 = 2.5% profit on whole