A TV and a VCR were sold for 20000 each. They were sold at 25% gain and 20% loss respectively
total gain or loss.
each.
Answers
Answered by
1
Answer:
The shopkeeper made a loss of 6 % on the VCR and a profit of 7% on TV. Find the gain or loss percent on the whole transaction. 2.
Answered by
5
Answer:
Profit =2%
Given:Cost price(CP) of each article=Rs. 8000
Profit of 8% on TV
Loss of 4% on VCR
Cost price of TV =Rs. 8000
Profit on TV = Cost price × profit %
Profit on TV =8% of 8000
=8000× 1008
=80×8
=Rs. 640
Cost Price of VCR =Rs. 8000
Loss on VCR = Cost price × Loss %
Loss on VCR=4% of 8000
=8000× 1004
=80×4
=Rs. 320
Since profit is more than loss
,
Hence, the shopkeeper gains net profit
Net Profit=640−320=Rs. 320
NowTotal cost Price of both article=8000+8000=Rs.
16000
Profit(%)= C.P
pprofi ×100
Profit (%)= 16000
320 ×100
Profit(%)= 1632Profit(%)=2%
Hence, the gain in the whole transaction =2%.
Step-by-step explanation:
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