a laptop and a mobile phone were brought for 40000 and 24000 respectively the the shopkeeper made a profit of 8% on laptop and the loss of 12% on mobile phones find his gain or loss percent on the whole transaction
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Answer:
3.25% profit
Step-by-step explanation:
laptop=40000
mobile=24000
profit of 8% on laptop=(8/100)*40000
= 3200 rs profit
means selling price of laptop is 40000+3200 = 43200 Rs
loss of 12% on mobile = (12/100)*24000
= 2880 Rs loss
means the selling price is 24000 - 2880 = 22880 rs
total price when the shopkeeper brought them = 40000 + 24000 = 64000 Rs
therefore total cost price is 64000 rs
total selling price = 43200 + 22880 = 66080 Rs
now here selling price is more than cost price therefore it is a profit.
profit = 66080 - 64000 = 2080 Rs
profit% = (total profit/cost price) * 100
profit% = (2080/64000)*100
= 3.25% profit
Hope it helps
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