Question

A shopkeeper purchase a VCD player for rupees 2000 and the radio set for rupees 750. If he sells VCD player at the profit of 20% at the radio set at the loss of 5% find his net gain or loss.

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

His net gain is 362.5 rupees

Step-by-step explanation:

A shopkeeper purchased a VCD player for rupees 2000 and the radio set for rupees 750.

So, Cost price of VCD player

$= 2000 \: rupees$

and cost price of radio

$= 750 \: rupees$

Total cost price

$= (2000 + 750) \\ = 2750 \: rupees$

It is also given he sells VCD player at the profit of 20% and the radio set at the loss of 5%.

We know, x% profit on a rupees

$= \frac{100 + x}{100} \times a \: rupees$

and y% loss on b rupees

$= \frac{100 - y}{100} \times b \: rupees$

So, selling price of VCD player = 20 % profit on 2000 rupees

$= \frac{100 + 20}{100} \times 2000 \\ = \frac{120}{100} \times 2000 \\ = 120 \times 20 \\ = 2400 \: rupees$

And selling price of Radio = 5% loss on 750 rupees

$= \frac{100 - 5}{100} \times 750 \\ = \frac{95}{100} \times 750 \\ = 9.5 \times 75 \\ = 712.5 \: rupees$

Therefore,total selling price

$= (2400 + 712.5) = 3112.5 \: rupees$

Here selling price is more than cost price.

So, shopkeeper gain profit.

Hence,his net gain = (3112.5-2750) = 362.5 rupees.

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