Question
A dealer bought two washing machines at a certain
amount. He sold the first washing machine at a 35% profit and the second washing machine at a 15% loss. If the selling price of each washing machine is Rs. 16,500, find the overall profit/loss percentage faced by the dealer in the transaction. (Correct up to two decimal places)Solution
ATQ, Let the cost price of the first washing machine be Rs. '100g' and the second washing machine be Rs.'100h'. ATQ: 100g Γ 1.35 = 100h Γ 0.85 = 16,500 For the first washing machine: For the second washing machine:
Total cost price: 12,222 + 19,412 = Rs.31,634 Total selling price: 16,500 Γ 2 = Rs.33,000 Total profit made by the dealer: 33,000 β 31,634 = Rs.1,366 Profit percentage:
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