Question

A washing machine and an oven were purchased for 8000ruppee each. The shopkeeper made a Loss of 4 percentage on washing machine and a gain of 8 percentage on oven. Find the gain or loss percent on the whole transaction.

Answer 1

A washing machine and an oven were purchased for 8000 ruppee each. The shopkeeper made a Loss of 4 percentage on washing machine and a gain of 8 percentage on oven. Find the gain or loss percent on the whole transaction.

Step-by-step explanation:

Washing machine price-8000

Oven Price-8000

4% loss on washing machine-4/100*8000=320 ie., 320 Rs loss

8% gain on oven =8/100*8000=640 Rs

loss percent is 0 as he recovered in oven

Gain percent is 4 over all

Answer 2

There will be 2% profit on the whole transaction.

Step-by-step explanation:

Since we have given that

Price of each washing machine and oven = Rs. 8000

Total cost price would be

$8000+8000=16000$

Profit % on washing machine = 8%

Loss % on oven = 4%

Selling price of washing machine would be

$\dfrac{100+P}{100}\times 8000\\\\=\dfrac{100+8}{100}\times 8000\\\\=108\times 80\\\\=8640$

Selling price of oven would be

$\dfrac{100-L}{100}\times 8000\\\\=\dfrac{100-4}{100}\times 8000\\\\=\dfrac{96}{100}\times 8000\\\\=96\times 80\\\\=7680$

So, Total selling price would be

$8640+7680\\\\=Rs.\ 16320$

So, SP > CP , so there will be profit.

SP  - CP = Profit

$16320-16000=Profit\\\\320=Profit\\\\Profit\%=\dfrac{Profit}{CP}\times 100=\dfrac{320}{16000}\times 100=2\%$

Hence, there will be 2% profit on the whole transaction.

# learn more:

A shopkeeper bought a TV and a washing machine for rs 23500 each. he sold both the items and made a profit of 6% on the TV and a loss of 11% on washing machine. Find profit and loss percent on the whole transaction

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