A shopkeeper sells two T.V. sets at the same price. There is a gain of 20% on one T.V. and loss of 20% on the other. Find the gain/loss percent.
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Step-by-step explanation:
Let the S.P. of both the T.V sets be Rs. x.
Then, C.P. of the T.V set at a gain of 20% = Rs.
120
100×x
= Rs.
6
5x
C.P. of the T.V set at a loss of 20% = Rs.
80
100×x
= Rs.
4
5x
Total C.P. = Rs. (
6
5x
+
4
5x
)= Rs.
12
10x+15x
= Rs.
12
25x
Total S.P. = Rs. 2x
Loss = Rs. (
12
25x
−2x)=Rs.
12
x
Loss % =
12
25x
12
x
×100=4 %
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