A TV and DVD player were bought for rs. 10000 each. The shopkeeper made a loss of 6 %on the DVD player and a profit of 7%on the TV. Find the gain or loss percent of the shopkeeper on the whole transaction.
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Cost of the T. V. ₹10,000
Cost of the DVD ₹10,000
∴ total c.p = 20,000
Now,
DVD is sold in 6% of loss.
So,
→ 10,000 - (6% of 10,000)
→ 10,000 - 600
→ 9,400
And also,
7% of profit on T. V.
→ 10,000 + (7% of 10,000)
→ 10,000 + 700
→ 10,700
∴ S. P. of the T. V. and D. V. D is 9,400 + 10,700
Or, 20,100
Since,
S. P. > C. P.
It is a profit.
Profit = 20,100 - 9,400
= 10,700
∴ profit% = 10,700 × 100/20,000 = 53.5%
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