A sells 2 tv sets, one at a loss of 15% and another at a profit of 15%. find the loss/gain percentage in the overall transaction?
Answers
Answered by
0
A does not have a profit not a loss.
Answered by
4
Solution -
The cost prices of both the tv sets is not given.
So, we will assume that the cost price of each of the tv sets is Rs. 100.
1st situation -
One tv set is sold at 15 % loss.
Therefore,
S. P. of 1st tv set = 100 - 15 % of 100
100 - 15
= Rs. 85
S. P. of 1st tv set is Rs. 85
2nd Situation
2nd tv set is sold at 15 % profit.
Therefore,
S. P. of 2nd tv set = 100 + 15 % of 100
= 100 + 15
Rs. 115
S. P. of 2nd tv set is Rs. 115
Overall position -
S. P. Of both tv sets = 85 + !15
= Rs. 200
C. P. of both tv sets = 100 + 100
= Rs. 200
So, there us no profit or loss.
Answer.
The cost prices of both the tv sets is not given.
So, we will assume that the cost price of each of the tv sets is Rs. 100.
1st situation -
One tv set is sold at 15 % loss.
Therefore,
S. P. of 1st tv set = 100 - 15 % of 100
100 - 15
= Rs. 85
S. P. of 1st tv set is Rs. 85
2nd Situation
2nd tv set is sold at 15 % profit.
Therefore,
S. P. of 2nd tv set = 100 + 15 % of 100
= 100 + 15
Rs. 115
S. P. of 2nd tv set is Rs. 115
Overall position -
S. P. Of both tv sets = 85 + !15
= Rs. 200
C. P. of both tv sets = 100 + 100
= Rs. 200
So, there us no profit or loss.
Answer.
Golda:
If the cost prices of the two given items are same then there will be neither profit nor loss. There is no information about the cost prices of the two TV sets.
i have mentioned a linked also
You have mentioned a link but I am talking about this question.
in that link a formula is mentioned
(n/100)^2
a formula like this
and also mentioned it will always be loss
No, if the cost prices are same for two items, then it will be no profit no loss situation.
the question is from AFCAT exam
the answer i have told is right
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