a shopkeeper bought two TV sets at rupees 10000 each he sold one at profit of 10% and other at a loss of 10% find whether he made an overall profit or loss
Answers
Step-by-step explanation:
CP of TV sets= Rs.10000
Profit on I set= 10%
SP of I set= CP*(100+10)/100=10000*110/100=11000.
Loss on II set=10%
SP of set II=CP*(100-10)/100=10000*90/100=9000.
Total SP = 11000+9000=20000
Total CP = 10000+10000=2000
becoz CP=SP
no gain and no loss.
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ANSWER
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Solution :-
C.P of both T.V sets = 2 X Rs 10000
= Rs 20000
now,
For first T.V = C.P= Rs 1000
Profit= 10% or Rs 10000
=10 X 10000 = Rs 1000
100
S.P= 10000+1000 = 11000
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now 2nd T.V,
C.P = Rs 10000
Loss 10%
Loss = 10% of Rs 10000
= 10 X 10000 = 1000
100
S.P=C.P - Loss
Rs.10000-1000=9000
Total selling price of both T.V set = 11000+9000
=Rs 20000
C.P = S.P
hence, there is no profit or loss gained by the shopkeeper.
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