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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Answer:
There is a 3% gain on the transaction.
Step-by-step explanation:
Cost of VCR= 10,000
Loss- 6%
10,000*6/100=Rs.600 loss
Cost of TV= 10,000
Profit= 12%
10,000*12/100= Rs.1200 profit
Total cost- 20,000
Profit-loss= 600
So there is a profit of 600
100/20,000/600= 3% Profit or gain
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