1. A laptop and a mobile phone were bought for * 40000 and 3 24000 respectively. The
shopkeeper made a profit of 8% on laptop and a loss of 12% on mobile phone. Find his
gain or loss percent on the whole transaction.
Answers
Answered by
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Step-by-step explanation:
Cp of laptop =40000
Profit=8%of40000=3200
Cp of mobile =24000
Profit=12%of24000=2880
Net profit =3200-2880=320
Total cp=40000+24000=64000
Net profit/loss percent=320/64000×100
=32/64=0.5
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