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![[Post New]](/templates/default/images/icon_minipost_new.gif) 22 Nov 2007 19:45:12 IST
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. a company purchased 3 computer tables in 1995. as the company wanted to renovate the office , sold those tables at RS.2400 each making a profit of 20% of one , no profit on second table and 20%loss on third table. What is the company get in this transaction
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22 Nov 2007 20:23:14 IST
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2.7% loss is it? Nice to do profit & loss after suuuch a long time.
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22 Nov 2007 20:30:03 IST
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Selling price = 2400 x 3
= 7200
2400 = 120/100 * cost price of 1st table
COST price of 1 st table = 2000
2400 = Cost price of 2nd table
2400 = 80/100 * cost price of 3rd table
cost price of 3rd table = 3000
so total cost price of 3 tables = 2000 + 2400 3000
= 7400
As Cost price is more than selling price..So company incurred a loss
Loss = 7400 - 7200
= 200
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- Gaurav Ragtah (spideyunlimited)
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22 Nov 2007 20:40:44 IST
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and loss % = 200 / 7200 x 100
= 2.777...... %
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- Gaurav Ragtah (spideyunlimited)
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