A VCR and TV were bought for 8,000 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.
Answers
A VCR and T.V. were bought for Rs.8000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the T.V.
The gain or loss percent on the whole transaction.
A VCR and T.V. bought for Rs.8000 each.
Now,
Selling Price of VCR and T.V. ;
- Loss = 4%
- C.P. = Rs.8000
- Profit = 8%
- C.P. = Rs.8000
So,
Therefore,
Shopkeeper made a profit :
We know that profit, we get;
Now,
Thus,
The 2% on the whole transaction.
Step-by-step explanation:
Given,
A VCR and TV were bought for 8,000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the TV.
To find: The gain or loss percent on the whole transaction.
Solution:- Total Cost Price
CP of the VCR + CP of TV = Total Cost Price = ₹16000
VCR:-
CP = ₹8000
Loss = 4%
Loss = Loss%/100×CP
Loss =
Loss = ₹320
SP = CP-Loss = 8000-320 = ₹7680
TV:-
CP = ₹8000
Profit = 8%
Profit = Profit%/100×CP
Profit =
Profit = ₹640
SP = CP+Profit = 8000+640 = ₹8640
Total SP:-
SP of VCR + SP of TV = Total SP
₹7680 + ₹8640 = Total SP
Total SP = ₹16320
-------------------—-------—
====>₹ 16320>₹ 16000
====> So, SP> CP
Hence, it's a profit.
Profit = SP-CP = 16320-16000 = ₹ 320
Profit% = Profit%/CP×100
Profit% =
Profit% = 2%