A VCR and TV were bought RS 12000 each The shokeeper made a loss of 4% on the VCR and profit of 8% on the TV find the gain and loss percent on the whole transaction ?
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Step by step explaination:
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. Solution: Total cost price (CP) of both VCR and TV = Cost price of VCR + Cost Price of TV = ₹8000+₹8000 = ₹16,000.
Shopkeeper purchased TV and VCR=8500rupees
CP of TV
Profit%=8%
Profit=8% of CP
=8/100×8500
=680
SP=CP + Profit
=8500+680
=9180
CP of VCR=8500 rupees
LOSS%=4%
LOSS=4% of CP
= 4/100×8500
=340
SP= CP -LOSS
=8500-340
=8160
Total CP of TV and VCR=8500+8500
=17000
SP of TV and VCR=9180+8160
=17340
Profit=SP-CP
=17000-17340
=340
Profit%=Profit/CP×100
=340/17340×100
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