a shopkeeper bought two TV set at 10000 rupees each he sold one at a profit of 10% and another at the loss of 10% find the total profit or loss
Answers
Answer:
Neither profit nor loss
Step-by-step explanation:
CP of first TV set = Rs.10000
Profit = 10%
=> SP = 110% of 10000
=> SP = 110/100 × 10000
=> SP of first TV set = Rs.11000
CP of second TV set = Rs.10000
Loss = 10%
=> SP = 90% of 10000
=> SP = 90/100 × 10000
=> SP of second TV set = Rs.9000
Total CP = Rs.20000
Total SP = Rs.20000
CP = SP
Hence, there is neither profit nor loss.
TOTAL CP OF BOTH TV =2x10,000
=20,000₹
FOR 1ST TV= CP = ₹1,000
profit=10%
=10%of 10,000
=10/100 x 10,000
=1,000.
SP = ₹10,000+1,000=11,000
FOR 2 ND TV=cp=10,000
loss=10%
loss=10%of 10,000
= 10/100x10,000
= ₹1,000
SP=CP-LOSS
₹10,000-₹1,000
₹9,000
total so of both TV=₹11,000+9,000=20,000
CP = SP
THERFORE,there is no overall profit or loss