Question
Arjun sold two laptop bags, one
with a 20% profit and the other with a 25% profit. The marked price of each bag is Rs. 1,500, and Arjun offered a 10% discount on each bag. What is the average cost price of the two bags?Solution
ATQ,
Marked price of each bag = Rs. 1,500 Selling price of each bagĀ = Rs. 1,350 Cost price of bagĀ sold at 20% profit = (1350 Ć· 1.2) = Rs. 1,125 Cost price of bagĀ sold at 25% profit = (1350 Ć· 1.25) = Rs. 1,080 Total cost price of both bags = (1125 + 1080) = Rs. 2,205 Required average = (2205/2) = Rs. 1,102.5Ā
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