ICSE Class 8 Answered
A dealer bought two book for 700 each. on one of the book he make a profit of 25% and on the other incurred a loss of 20% find his profit or loss and also determine the profit or loss percent
Asked by priyanshuraj9939 | 15 Sep, 2018, 08:15: PM
Expert Answer
Cost price of books = 700 × 2 = Rs. 1400
Profit of 25% on one book will give profit = 25% of 700 = Rs. 175
Loss of 20% on one book will give loss = 20% of 700 = Rs. 140
SP of one book with profit = 700 + 175 = Rs. 875
SP of one book with loss = 700 - 140 = Rs. 560
Total SP = 875 + 560 = Rs. 1435
Profit = SP - CP
= 1435 - 1400 = Rs. 35
Now find profit percentage you get 2.5%.
Answered by Sneha shidid | 17 Sep, 2018, 10:02: AM
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