A shopkeeper sold 2 electronic gadget for rupees 44000 each. The shopkeeper made a loss of 12% on one and a profit of 10% on the other . Find his overall gain or loss
Answers
Concept:
The definition of loss includes having something or someone depart or be taken from you, feeling sorrow when something is gone, or experiencing a drop in wealth. The loss of a parent is an illustration of loss. When you lose a job, for instance, it is a loss. The sense of loss you get after losing a pet is one example. Benefit, in bookkeeping, is a pay disseminated to the proprietor in a beneficial market creation process. Benefit is a proportion of productivity which is the proprietor's significant premium in the pay development cycle of market creation.
Given:
Here it is given that a shopkeeper sold electronic gadget for rupees each. The shopkeeper made a loss of % on one and a profit of % on the other.
Find:
We have to find his overall gain or loss.
Solution:
According to the question,
On the first gadget the CP is
On the second product the CP is
Here the total CP=
And total SP is
So here CP SP.
So, the loss is .
Hence his overall loss is .
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