A VCR and TV were brought for 10000 rupees each. The shopkeeper
made a loss of 6% on the VCR and a profit of 12% on TV. Find the gain
% or Loss% on the whole transaction..
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Answers
Step-by-step explanation:
Cost price of VCR = Rs.8000 and Cost price of TV = Rs.8000
Total Cost Price of both articles
= Rs.8000 + Rs.8000 = Rs. 16,000
Now VCR is sold at 4% loss.
Let C.P. of each article be Rs.100, then S.P. of VCR = 100 – 4 = Rs.96
\because∵ When C.P. is Rs.100, then S.P. = Rs.96
\therefore∴ When C.P. is Rs.1, then S.P. = \frac{96}{100}
100
96
\therefore∴ When C.P. is Rs.8000, then S.P.
= \frac{96}{100}\times8000=Rs.\ 7680
100
96
×8000=Rs. 7680
And TV is sold at 8% profit, then S.P. of TV = 100 + 8 = Rs.108
\because∵ When C.P. is Rs.100, then S.P. = Rs.108
\therefore∴ When C.P. is Rs.1, then S.P. = \frac{108}{100}
100
108
\therefore∴ When C.P. is Rs.8000, then S.P.
= \frac{108}{100}\times8000=Rs.\ 8640
100
108
×8000=Rs. 8640
Then, Total S.P.
= Rs.7,680 + Rs.8,640 = Rs. 16,320
Since S.P. >C.P.,
Therefore Profit = S.P. – C.P.
= 16320 – 16000 = Rs.320
And Profit% = \frac{PROFIT}{COST\ PRICE}\times100
COST PRICE
PROFIT
×100
= \frac{320}{16000}\times100=2\%
16000
320
×100=2