The cost prices of two articles A and B are in the ratio 3 : 5. Rishu earns a profit of 28% on A and loses 15% on B. What is her overall loss/gain percent?
Gain, 1.125%
The correct answer is Gain, 1.125%.
Final Result The overall result is a gain of 1.125%. This allows you to calculate the total cost price and total selling price accurately before determining the overall profit or loss percentage. The variable x cancels out when calculating percentages, simplifying the process. Remember that profit or loss percentage is always calculated on the cost price unless specifically stated otherwise.
Similar Questions
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Important Questions from Successive Selling
- During a sale 35% of the goods are sold at 22% profit, 40% of the remaining goods are sold at 37% profit and the still remaining goods are sold at a loss of 38%. If there is an overall profit of x%, then what is the value of x?
- A dealer buys two articles X and Y for ₹1,000 each. He marks each of them at the same price. He sells X by giving two successive discounts of 15% and 30% and still earns ₹337 as profit. If he sells Y at a single discount of 49%, then what is the profit percentage on Y?
- Find the single equivalent discount (rounded off to two decimal places) for successive discounts of 18%, 6% and 25%.
A shopkeeper marks the price of three identical articles, first, 60% above the Cost Price; second, 45% above the Cost Price and the third, 40% above the cost price. If he gives discount of 25% on first article, 20% on the second article and 15% on the third one, what is his overall profit percentage?
A dealer bought a six-seater Dining Table after getting successive discounts of 15% and 12%. Thereafter, he spent 10% on transport, etc. and finally sold it for Rs. 24,169.75, thereby earning a profit of 25%. What was the marked price of the Dining Table?
