Practicing Success
Riya purchases some pen @7 pen for Rs.5 and he sells all the pen @5 pen for Rs.7. Find overall profit or loss %. |
96% 85% 90% 50% |
96% |
Price : Qty Buy : 5 : 7 ......(i) Sell : 7 : 5 ......(ii) (i) × 5 & (ii) × 7, to make the equal quantity. Price : Qty Buy : 25 : 35 Sell : 49 : 35 Here, C.P. of 35 articles = Rs.25 S.P. of 35 articles = Rs.49 Profit = 49 - 25 = Rs.24 Hence, Profit percent = \(\frac{24}{25}\) × 100% = 96% |