Question

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 per cent on the whole transaction.



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Answer 1

Step-by-step explanation:

loss on VCR = 8000×0.04

= 320

profit on TV = 8000×0.08

= 640

net profit of whole transaction= 640-320= 320

profit percent = 320×100/ 16000

= 2 percent