Question

3.) Two computers were purchased for 716,000
each. One was sold at a gain of 5% and the other at a loss of 4% find overall gain or loss

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Answer 1

Answer:

0.5% profit

Step-by-step explanation:

Total CP = 32000

CP of 1st = 16000

Profit % = 5%

Profit = 5/100*16000

= 800

SP of 1st = CP + = 16000 + 800

               = 16800

CP of 2nd = 16000

Loss % = 4%

Loss = 4/100*16000

         = 640

SP of 2nd = CP - Loss

   = 16000 - 640

   = 15360

Total SP = 32160

As SP>CP = Profit

Profit = 160

Profit % = P/CP*100

 = 160 / 32000*100