A shopkeeper bought 1 T.V and 1 Table fan for 8000 each, he got 8% profit in T.V and 6% loss in Table fan. Find the profit and the loss amount of both the Articles, Find the selling price of the T.V and the Table fan, also Find the profit and the loss in the whole transaction ?
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Step-by-step explanation:
8000=100+8%CP of TV
CP of TV=8000*100/108
=7407.41
8000=100-6%CP of Table fan
CP of Table fan=8000*100/94
=8510.64
total cost=7407.41+8510.64
=15918 (0.05 rounded off)
total sale=8000+8000
=16000
total profit%=16000-15918/15918*100
=8200/15918
=0.515%
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