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Profit and Loss
my friend collects antique stamps.she purchased 2,but found that she need to raise money urgently.so shhe sold them for 8000rs each.on one she made 20% & on te other she made lost 20%.ow much did she gain or lost in the entire transaction?
Read Solution (Total 8)
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- loss=(20/10)^2 %
=2^
=4% - 11 years agoHelpfull: Yes(25) No(5)
- In such type of qsns, result always be loss.
C.P1=8000*100/(100-20)=10000
C.P2=8000*100/(100+20)=6666.667
total CP=CP1+Cp2 = 16666.667
loss = 16666.667-16000= 666.667 - 11 years agoHelpfull: Yes(19) No(5)
- For example take an object name as X.Then if it price increased by 20% then its price is 120 and then decreased by 20% its actual price is reduced by 4%.Is it right?
- 11 years agoHelpfull: Yes(5) No(1)
- cp of 1st one is 8000/1.2=6666.67
& cp of 2nd one was 8000/0.8=10000
so the total cost price is 1666.67 and sold at 16000
therfore a loss of 666.67
- 11 years agoHelpfull: Yes(4) No(1)
- no lose or profit
- 11 years agoHelpfull: Yes(2) No(20)
- loss=(p/10)^2
=(20/10)^2
=4% loss - 9 years agoHelpfull: Yes(0) No(2)
- 20% profit and 20% loss
so 20^2100= 4
ans 4% - 9 years agoHelpfull: Yes(0) No(2)
- loss=(20/10)^2=4%
- 9 years agoHelpfull: Yes(0) No(2)
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