Question

A dealer sold 3 TV sets at Rs. 11,500 each. He sold one at a profit of 15% and the other
two at a loss of 8%r. 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

so

10000 + 12500+12500=  35000

11500+11500+11500 = 35000

neither profit nor loss as selling and cost price are same