a shopkeeper sells 2 air conditioners for ₹2,500 each, gaining 10% on one and losing 20% , on other find find his overall gain or loss percentage
Answers
Question :-
A shopkeeper sells two air conditioners for ₹2500 such that he gains 10% on one and loses 20% on the other. Find his overall gain or loss percentage.
Solution :-
Case 1 , First AC
Cost price for air conditioner =Rs 2500
Here, Profit is 10%
Therefore, Selling price = 10%×2500 + 2500
Selling price = 2750 rupees.
Case 2, AC 2
Cost price = 2500
Loss = 20%
Therefore, Selling price = 2500 - 20% × 2500
Selling price = 2000 rupees.
Total profit or loss : clearly, He has loss
Hence , Loss = total loss / total Cost price × 100
Tota Loss = 5000 - 4750 / 5000 × 100
→ 250/5000 × 100
→ 250 / 50
→ 5 %
Therefore,He got loss Total loss is 5% .
Be brainly♡~
➤ Given :-
Selling price of each air conditioner :- ₹2500
Profit percentage of first one :- 10%
Loss percentage of second one :- 20%
➤ To Find :-
Overall gain or loss percentage of air conditioners
➤ Formula required :-
★ How to do :-
Here, we are given that two air conditioners are sold for ₹2500 each. On one there is a profit of 10% and on other there is a loss of 20%. We should find the total loss or profit percentage. So, first we should find the cost price of both the machines and we should find the loss or profit by subtracting the sum of cost price and selling price.
➤ Solution :-
Cost price of first machine :-
Cost price of second machine :-
Total cost price :-
Total selling price :-
Total loss :-
Now,
Loss percentage :-
The overall loss percentage obtained to the shopkeeper is 7.36%.