Question
Arjun sold two items for Rs. 990 each, one at 10% profit
and other at 10% loss. Determine his overall profit/loss % from the whole transactionSolution
ATQ,
Cost price of the items that was sold at 10% profit = 990 ÷ 1.10 = Rs. 900
Cost price of the items that was sold at 10% loss = 990 ÷ 0.90 = Rs. 1,100
Total cost price of both items = 900 + 1100 = Rs. 2,000
Total selling price of both the items = 990 + 990 = Rs. 1980
Total loss = 2000 – 1980 = Rs. 20
% loss = (20/2000) × 100 = 1%
Where are the headquarters of the BSE?
Which Force celebrated ‘Jashn-e-Chillai-Kalan’ with students in Srinagar?
What significance does the Geographical Indication (GI) tag hold for Goan cashew (kernel)?
What is the Re-usable Launch Vehicle Autonomous Landing Mission, recently conducted by ISRO?
Which institute has signed an MoU with the Indian Council of World Affairs (ICWA) as a step towards enhancing its expertise in international affairs and...
The International Monetary Fund (IMF) has agreed to provide how much financial assistance to Ukraine as part of a larger $15.6 billion lending programme?
Coal India's production grew by what percentage in the current fiscal year (up to September 12, 2024)?
ReNew has secured a project loan of ₹2,700 crore from which bank for its 403 MW Peak Power Project In which the loan has a tenor of 20 years and the i...
Which instrument represents the ownership of a company in the capital market?
According to a United Nations report, global economic growth is projected to be 2.3% in 2023,from a January forecast, and the prediction for 2024 has dr...