Question

a chair and table were brought rs1200 each. the shopkeeper made a loss of 5% and other of profit 10% find the selling price of each .find out the profit or loss percent on their whole transaction
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Answer 1

Cost price of chair=1200
loss=5%
selling price= 1200(100-5%)/100=12*95=1140
cost price of table=1200
profit=10%
selling price=1200(100+10)/100=12*11=1320
total selling price=1320+1140=2460
total cost price=1200+1200=2400
profit=2460-2400=60
profit%=60*100/2400=2.5%
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