Question

A VCR and TV we're bought for ₹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

loss on vcr=cp×%loss=8000×4/100=320
profit on tv=cp×%profit=8000×8/100=640
overall profit=640-320=320
percentage profit= (profit /cp)×100.
= (320/8000)×100
= 2%

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