A VCR and a TV were bought for Rs. 8000 each. The shopkeeper made a loss of 4%on the VCR and a profit of 8% on the TV. Find the gain or loss percent on the whole transaction.
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Answer:
Gained 2% for the whole transaction.
Step-by-step explanation:
Cost for each: Rs 8000
Loss on VCR = 4% of 8000 = 320
Profit on TV = 8% of 8000 = 640
Net gain = -320 + 640 = 320
Gain percent = 320/16000 * 100 = 2%
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