a television and a refrigerator was sold for rupees 12000 each the television was sold at a loss of 10% and refrigerator was sold at a profit of 10% also find the gain or loss percent
Answers
Solution :
In Case Of Television :
In case of Refrigerator :
Cost Price is equal to Selling Price. Hence,Neither he gains nor he loses in whole transaction.
Step-by-step explanation:
QUESTION
a television and a refrigerator was sold for rupees 12000 each the television was sold at a loss of 10% and refrigerator was sold at a profit of 10% also find the gain or loss percent
SOLUTION:-
GIVEN
cost price of television=₹12000
cost price of refrigerator=12000
loss of television=10%
gain of refrigerator=10%
CALCULATION FOR TELEVISION
cost PRICE=12000
LOSS=10%
SELLING PRICE=100/100-loss%COST price
=100-10/100*12000
=90/100*12000
=10800
CALCULATION FOR REFRIGERATOR
COST PRICE=12000
gain=10%
SELLING PRICE=100/100+GAIN%*COST PRICE
=100+10/100*12000
=110*12000/100
=13200
now here we have to calculate total sp and cp
so,
TOTAL SELLING PRICE=12000+12000
=24000
TOTAL COST PRICE=10800+13200
=24000
it's clearly mentioned above that cp is equal to sp
so, we get neither loss nor gain on the whole calculation