mittal sells an article to sheetal at a profit of 28% sheetal sells neetal at a loss of 15% - Maths - Statistics

Question

mittal sells an article to sheetal at a profit of 28% sheetal sells
neetal at a loss of 15% if the difference of the cost prices of
mittal and neetal is rs1320, what is the selling price of sheetal?

Vijay Kumar Gupta · Accepted Answer

Dear Student,

Let the cost price of an article for Mittal be Rs x
It is given that Mittal sells an article at a profit of 28%
So, the selling price of an article for Mittal is,    x+ 28% of x=x+28100x=x+725x=3225xThis will be the cost price of an article for Sheetal
It is given that she sells an article at the loss of 15% to Neetal
So, the cost price of an article for Neetal is,    3225x-15% of 3225x=3225x-15100×3225x        =3225x-320×3225x        =640x-96x500        =544500x        =136125xAccording to the given condition, we have 136125x- x=1320 ⇒11125x=1320 ⇒x=1320×12511= 120×125=15000So, the selling price of Sheetal is   136125x=136125×15000=136×120=Rs 16320

Regards

mittal sells an article to sheetal at a profit of 28%. sheetal sells neetal at a loss of 15%. if the difference of the cost prices of mittal and neetal is rs1320, what is the selling price of sheetal?