A shopkeeper bought two tv sets for Rs. 10,000 each. he sold one at a profit of 8% and other at a loss of 10% . find the overall loss or profit. i want step by step answer please
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Answer:
Cost Price of tv = 10000
Profit% = 8%
Loss = 10%
- Total C.P = 10000+ 10000 = rs. 20000
- Total S.P = 10800 + 9000 = rs. 19800
Loss = C.P - S.P
⇒ Loss = 20000 - 19800
⇒ Loss = rs. 200
Loss% = 1%
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A shopkeeper bought two TV sets at Rs 10,000 each.He sold one at a profit 10% and the other at a loss of 10%. Find whether he made an overall profit or loss.
Selling price =[100−L/100]×C.P
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