A refrigerator and TV were bought for rupees 12000 each. the shopkeeper made loss of 5% on the refrigerator and a profit of 10% on the TV .find the gain or loss percent on the whole transaction.
Answers
Correct Answer: Loss of Rs. 1000
Description for Correct answer:
Let the cost price of refrigerator be Rs. x and that of a camera be Rs. y
Since refrigerator was sold for as sold for Rs. 12000 at a loss of 20%.
12000 = x(100−20100)x(100−20100)
= > x = 12000×10080=15,00012000×10080=15,000 and a camera was sold for Rs. 12000 at a profit of 20%.
12000 = y(12000×100120)y(12000×100120)
Y = 12000×10012012000×100120
= 10000
Total cost price of both items = x + y
= 15000 + 10000
= Rs. 25,000
And total selling price of both items
= 12000 + 12000
= Rs. 24000
Loss = 25000 - 24000
=Rs.1000
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Answer:
loss of 1000
Step-by-step explanation:
Let the cost price of refrigerator be Rs. x and that of a camera be Rs. y
Since refrigerator was sold for as sold for Rs. 12000 at a loss of 20%.
12000 = x(100−20100)
= > x = 12000×10080=15,000 and a camera was sold for Rs. 12000 at a profit of 20%.
12000 = y(12000×100120)
Y = 12000×100120
= 10000
Total cost price of both items = x + y
= 15000 + 10000
= Rs. 25,000
And total selling price of both items
= 12000 + 12000
= Rs. 24000
Loss = 25000 - 24000
=Rs.1000