Question
The cost of item X is Rs. 150,
while the cost of item Y is 36% greater than that of item X. Item X is sold at a profit of 8%, and item Y is sold at a loss of 25%. What is the total overall loss in the transaction?Solution
ATQ,
Cost price of item βYβ = 150 Γ 1.36 = Rs. 204 Selling price of item βXβ = 150 Γ 1.08 = Rs. 162 Selling price of item βYβ = 204 Γ 0.75 = Rs. 153 So, overall loss = (150 + 204) β (162 + 153) = Rs. 39
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