A shopkeeper bought 2 TV sets at 10,000 rupees each. He sold one at a profit 10 % and other at a loss of 10 %. Find whether he made an overall profit or loss.
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badru1
13.09.2018
English
Primary School
+5 pts
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A shopkeeper bought two TV sets at rupees 10,000 each he sold one at a profit and percentage and other at a loss of 10% is find whether he made an overall profit or loss
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krishnass
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alishasadangi
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case-1 case-2
cost price of tv set= 10,000 rs cost price of tv set=10,000 rs
LOSS%=10%
profit%=10% sp=(100-L%/100) cp
sp=100+ p%/100*cp =(90/100)10,000
= (100+10/100)10,000 =9000 rs
= (110/100)10,000
=11000rs
total cp= 10,000+ 10,000
= rs 20,000
total sp= 11000+9000
= 20,000
it is neither profit nor loss it is equal
Cost price of a T.V set =Rs 10000
profit =10%
Selling price =[100+p/100]×C.P
=[100+10/100]×10000
=110/100×10000
=11×1000
=Rs. 11000
Loss =10%
Selling price =[100−L/100]×C.P
=100−10/100×10000
=90/100×10000
=9×1000
=9000
Total cost price =10000+10000 =20000
Total selling price =11000+9000=20000
Here C.P=S.P
Therefore, it is neither Loss nor Profit.