Maharashtra State BoardHSC Commerce 11th
Advertisement Remove all ads

Shraddha purchases a mobile phone and refrigerator for Rs. 18000 and 15,000 respectively. She sold the refrigerator at a loss of 20% and the mobile at a profit of 20%. - Mathematics and Statistics

Advertisement Remove all ads
Advertisement Remove all ads
Sum

Shraddha purchases a mobile phone and refrigerator for Rs. 18000 and 15,000 respectively. She sold the refrigerator at a loss of 20% and the mobile at a profit of 20%. What is her overall profit or loss?

Advertisement Remove all ads

Solution

C.P. of mobile phone = ₹ 18,000

Profit percentage on mobile phone = 20%

∴ Selling price (S.P.) of mobile phone

= `18,000(1 + 20/100) = 18,000(1 + 1/5)`

= `18,000 xx 6/5`

= ₹  21,600

C.P. of refrigerator = 15,000

Loss percentage on refrigerator = 20%

∴ Selling price (S.P.) = `15000 (1 - 20/100)`

= `15,000(1 - 1/5)`

= `15,000 xx 4/5`

= ₹ 12,000

∴ Total selling price for the transaction

= 21,600 + 12,000

=  ₹ 33,600

Total cost price (purchase price) for the transaction = 18,000 + 15,000 =  ₹ 33,000

∴ Overall profit made by Shraddha

= Total S.P. – Total C.P.

= 33,600 – 33,000

= ₹ 600

Thus, Shraddha made an overall profit of ₹ 600.

Concept: Profit and Loss
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×