A merchant sells two dolls of price respectively Rs. 100 and Rs. 150 with a profit of 30% on first and a loss of 30% on second. What is his net profit/loss?
Again of Rs.41.20
Bgain of Rs.50
Closs of Rs .50
Dloss of Rs.41.20
Answer:
D. loss of Rs.41.20
Read Explanation:
Selling Price of doll one = Rs. 100
This was sold with profit of 30%
Cost Price of doll one = (100 × 100)/(100 + 30)
⇒ Cost Price of doll one = 10000/130
⇒ Cost Price of doll one = Rs. 76.92
Selling Price of doll second = Rs. 150
This was sold with loss of 30%
Cost Price of doll one = (150 × 100)/(100 - 30)
⇒ Cost Price of doll one = 15000/70
⇒ Cost Price of doll one = Rs. 214.28
Total Cost Price of two dolls = 76.92 + 214.28
= Rs. 291.20
Total Selling Price of two dolls = 100 + 150
= Rs. 250
The merchant will face a net loss = 291.2 - 250
= Rs 41.20
