a businessman sold two computer set rupees 20000 each on one he made 6 % gain and the other a loss of 8% find his overall gain or loss
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Answer:
Loss of ₹607.
Step-by-step explanation:
Cost price of each computer set = ₹ 20,000
Profit percentage on first set = 6%
Loss percentage on second set = 8%
Let the cost price of first set be = ₹x
Profit = 6x/100
Now,
⇒ x + 6x/100 = 20,000
⇒ 106x = 20,00,000
⇒ x = 20,00,000/106
= 18,868 (approx.)
And the cost price of second set be = ₹y
Loss = 8y/100
Now,
⇒ y - 8y/100 = 20,000
⇒ 92y = 20,00,000
⇒ y = 20,00,000/92
= 21,739 (approx.)
Total cost price = ₹ (21,739 + 18,868)
= ₹ 40,607
Total selling price = ₹ 40,000
Loss = S.P. - C.P.
= ₹ 607
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