A VCR and TV were brought for 8000 each the shopkeeper make 4% on VCR and a profit of 5% Find the gain or loss percentage. Don't sperm .
Answers
Step-by-step explanation:
The price at which a buyer purchases an article is called the cost price (CP)
of the article for the buyer.
The price at which a seller sells an article is called the selling price (SP) of the article for the seller
When the selling price is more than the cost price of an article then there is a profit or gain.
S.P>C.P
Profit= S.P – C.P
Profit%= (profit/C.P)×100
Profit and loss are calculated on a certain percent of the C.P.
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Solution:
Given:
Cost price(CP) of each article=₹8000
Profit of 8% on TV
Loss of 4% on VCR
C.P of TV= ₹8000
Profit on TV = Cost price × profit %
Profit on TV = 8%of 8000
=8000 ×(8/100)
=80×8
= ₹640
C.P of VCR= ₹8000
Loss on VCR = Cost price × Loss %
Loss on VCR= 4% of 8000
=8000 ×(4/100)
=80× 4
= ₹320
Since profit is more than loss,
Hence, the shopkeeper gains net profit
Net Profit= 640 -320= 320
Now
Total cost Price of both article= 8000+ 8000 =₹16000
Profit%= (profit/C.P)×100
Profit %= (320/16000) ×100
Profit % = 32/16
Profit %=2%
Hence, the gain in the whole transaction = 2%.
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Given:
Cost price(CP) of each article=Rs. 8000
Profit of 8% on TV
Loss of 4% on VCR
Cost price of TV =Rs. 8000
Profit on TV = Cost price × profit %
Profit on TV =8% of 8000
=8000×
100
8
=80×8
=Rs. 640
Cost Price of VCR =Rs. 8000
Loss on VCR = Cost price × Loss %
Loss on VCR=4% of 8000
= 8000*4/100
= 80*4
= Rs. 320
Since profit is more than loss,
Hence, the shopkeeper gains net profit
Net Profit=640−320=Rs. 320
Now
Total cost Price of both article=8000+8000=Rs. 16000
Profit(%)= profit/C.P.* 100
Profit (%)= 32/16
Profit(%)=2%
Hence, the gain in the whole transaction =2%.