Practicing Success
A sold an article for ₹1495 at a profit of 15%. He purchased another article having cost price equal to the previous article. He sold this new article at a profit of 10%. How much total profit has A earned? |
₹325 ₹450 ₹375 ₹425 |
₹325 |
⇒ The cost price of the first article = \(\frac{1495}{115}\) × 100 = 1300 ⇒ Profit on first article = 1495 – 1300 = Rs. 195 ⇒ The cost price of the second article = Rs. 1300 ⇒ The selling price of the second article = 1300 × \(\frac{110}{100}\) = Rs. 1430 ⇒ Profit in second article = 1430 – 1300 = Rs. 130 ⇒ Total profit = 195 + 130 = Rs. 325 |