8. Two computers were purchased for 316,000 each. One was sold at a gain of 5% and the other at a loss of 4%.find the overall gain or loss%in the whole transaction.
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Answer:
Gain is 15800 rs and loss is 12640
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Step-by-step explanation:
Total cost = 316000₹
No of computer = 2
cost of each computer = 316000/2 = 158000₹
Profit on 1st computer = 5%
selling price of 1st computer = 158000×105/100
= 165900₹
Loss on 2nd computer = 4%
selling price of 2nd computer = 158000×96/100
= 151680₹
Total selling price = 165900+151680
= 317580₹
Total profit = 317580-316000 = 1580₹
Total profit% = 1580/316000×100 = 0.5%
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