A man sells a TV set for Rs. 4,800 and makes a profit of 20 %. He sells another TV at a loss of 16 %. If on the whole, he neither gains nor loses, find the selling price of the second TV set. ?
Answers
Answer:
SP of first TV = Rs. 4800,
the CP of first TV = 4800 × 100/120 = Rs 4000, so the profit earned is Rs. 800. Now he must get a loss of Rs.
800 by selling second TV as he neither gaining nor losing on the whole.
Now Rs. 800 must be 16% of the CP of the second TV i.e. 800 × 100/16 = Rs. 5000,
but the question is asking the SP of the second TV, which will be 5000 – 800 = Rs. 4200
Answer:
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Step-by-step explanation:
=> SP of first TV = Rs. 4800,
=> the CP of first TV = 4800 × 100/120 = Rs 4000,
=> so the profit earned is Rs. 800.
=> Now he must get a loss of Rs. 800 by selling second TV as he neither gaining nor losing on the whole.
=> Now Rs. 800 must be 16% of the CP of the second TV i.e. 800 × 100/16 = Rs. 5000
, but the question is asking the SP of the second TV, which will be 5000 – 800 = Rs. 4200.
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