Question

The cost price of a box and a pen is Rs 120. The box is sold at 10% profita the pen is sold at 10% loss. If the selling price of the box is Rs 52 more than of the pen, calculate the profit or loss percent in the whole.​

Answer 1

3.803% Profit

Explanation:

First let us calculate total sales, then calculate the total cost, and then divide the two.

Sale: 120*1.1=132 and 52*.9=46.8

Cost: 120 and 52

Profit equation:

`(Net sales-COGS)/(Net Sales) =Profit`

`((132+46.8)-(120+52))/((132+46.8))`

Simplify:

`(6.8)/(178.8) =.03803` or 3.803% Profit