A shopkeeper bought two washing machines at Rs 20000 each. He sold one at profit of 10% and the other at a loss 10%.Find whether he made an profit or loss.***Class 8***.
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Answer:
HE MAKE THE PROFIT OF RS 2000
Step-by-step explanation:
CP OF 1ST MACHINE =X
CP OF 2ND MACHINE=20000-X
PROFIT =10 %
SP=110X/100
THEN, LOSS =10%
SP =22000-110X
NOW, SP OF 1ST MACHINE =SP OF 2ND MACHINE
110X/100= 22000-110X
220X= 2200000
X= 2200000/220
X =10000
AND, CP OF 1ST MACHINE = RS 10000
CP OF 2ND MACHINE =RS 20000-10000
= 10000
NOW SP =110X10000/100= 11000
SP OF 2ND MACHINE =22000-11000
11000
AGAIN TOTAL CP =RS 20000
TOTAL SP =22000
SO PROFIT = SP -CP
22000-20000
2000
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