Practicing Success
One-third of goods are sold at a 15% profit. 25% of the goods are sold at a 20% profit and the rest at a 20% loss. If the total profit of ₹138.50 is earned on the whole transaction, then the value(in ₹) of the goods is: |
₹8,587 ₹8,030 ₹7,756 ₹8,310 |
₹8,310 |
Let the quantity = 120 one third sold at 15% profit means, = \(\frac{120}{3}\) = 40 SP of 40 = \(\frac{40 x 115}{100}\) = 46 25% = \(\frac{120}{4}\) = 30 SP of 30 = \(\frac{30 x 120}{100}\) = 36 Remaining 50 is sold at 20% loss SP of 50 = \(\frac{50 x 4}{5}\) = 40 Profit = Total selling price - Total cost price ( 46 + 36 + 40) - (120) = 2 2x = 138.50 120x = ₹8,310 |