The cost prices of a pen and a notebook are ₹600 and ₹4,000, respectively. If the pen and the notebook are sold at losses of 20% and 32%, respectively, what will be the approximate percentage of total loss incurred through the two sales made?
The cost prices of a pen and a notebook are ₹600 and ₹4,000, respectively.
Total cost prices of a pen and a notebook = 600+4000 = ₹4600
If the pen and the notebook are sold at losses of 20% and 32%, respectively.
Loss on pen = 600 of 20%
= $$600\times\frac{20}{100}$$
= ₹120
Loss on notebook = 4000 of 32%
= $$4000\times\frac{32}{100}$$
= ₹1280
Total loss on pen and notebook = ₹120+₹1280 = ₹1400
Approximate percentage of total loss incurred through the two sales made = $$\frac{total \ loss}{total \ cost \ pirce}\times100$$
= $$\frac{1400}{4600}\times100$$
= $$\frac{1400}{46}$$
= 30.43% (approx.)
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