Question

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. ​

Answer 1

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%