a shopkeeper bought 2 tv sets at Rs.12000 each. He sold one at a profit of 10% and other at a loss of 10%. find whether he made an overall profit
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Total cost of two tv sets = 12000
cost of one tv = 12000/2 = 6000
sold 1 tv by profit of 10% = 6000+600 = 6600.
Now, another by the loss of 10% = 6000-600 = 5400.
Now his/her total earning = 6600+5400 = 1200.
It seems that he did not go in profit or loss.
cost of one tv = 12000/2 = 6000
sold 1 tv by profit of 10% = 6000+600 = 6600.
Now, another by the loss of 10% = 6000-600 = 5400.
Now his/her total earning = 6600+5400 = 1200.
It seems that he did not go in profit or loss.
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