Question

A dealer sold 3 T.V. sets at `11,500 each. He sold one at a profit of
15% and the other two at a loss of 8%. Find his gain or loss percentage.

Answer 1

Answer:

0% gain and 0% profit

Step-by-step explanation:

1st set

S.P = 11500

profit = 15%

C.P = (SP *100)/(100 percentage profit).

= (11500x100)/(100 + 15)

=

10000

2nd set

S.P = 11500

loss = 8%

C.P = {100/(100 - Loss%)} * SP

= { 100/100-8} x11500

= 12500

10000+ 12500+12500= 35000 11500+11500+11500 = 35000

neither profit nor loss as selling and cost price are same