A television and refrigerator was sold for 12000 each the television was sold at a loss of 20% of the cost and the refrigerator at a profit of 20% of the cost how much was gained or lost in the entire transactions also find the profit or loss percent in the whole transaction ? give the answer with steps.
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S. P. of television = ₹ 12000, Loss = 20%
if C. P. of television is ₹ 100, then S. P. of television = ₹ 80
When S. P. = ₹ 80, C.P. = ₹ 100
So, when S.P. = ₹ 12000, C.P. = ₹ [100/80×12000]
= ₹ 15000
S.P. of refrigerator = ₹ 12000,Gain = 20%
if C.P. of refrigerator = ₹ 100 then S.P. of refrigerator = ₹ 120
when S.P. = ₹ 120,C.P = [100/120×12000] = ₹ 10000
Total S.P. = ₹ 12000 + ₹ 12000 = ₹ 24000
Total C.P. = ₹ 15000 + ₹ 10000= ₹ 25000
since C.P.>S.P., Loss = C.P. - S.P. = ₹ 25000 - ₹ 24000 = ₹ 1000
Loss% = Loss/C.P.× = [1000/25000×100]% = 4%
Ans = 4%
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