A TELEVISION AND A REFRIGIRATOR WERE BOUGHT FOR RS 20000 EACH. THE SHOPKEEPER MADE A LOSS OF 6 % AND A PROFIT OF 7 % ON THE REFRIGIRATOR . FIND ITS TOTAL GAIN OR LOSS PERCENT IN THE WHOLE TRANSATION
Answers
Answer:
Gain % = 0.5 %
Step-by-step explanation:
Total CP: 40,000
TV's SP: 20,000 x 94/100 = 18,800
Refrigerator's SP: 20,000 x 107/100 = 21,400
Total SP: 40,200
SP>CP
Therefore, it is gain
Gain % =[ (40,200-40,000) / 40,000 ] x 100
= 200/400
= 0.5 %
Answer:
Step-by-step explanation:
cost price of TV=20000
loss on TV=6%
now selling price of TV=?
let cost price be equal to 100 then selling price would be 94 as there is 6%loss
100--------->20000
94----------->?
200*94=18800
Cost price of Refrigerator=20000
profit=7%
now selling price=?
let cost price be equal to 100 then selling price would be 107 as there is 7% profit
100------>20000
107----?
200*107=21400
now total cost price=40000
total selling price=40200
so total gain=40200-40000=200
gain%=200/40000=1/200*100=0.5%