Question

Amit bought two mobile sets of Rs 15000 each. He sold one mobile at a 10% profit and the other at 15% loss. Find his overall gain and loss percent.​

Answer 1

Answer:

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Step-by-step explanation:

Cost price of a T.V set =Rs 10000 

profit =10%

Selling price =[100+p/100]×C.P

=[100+10/100]×10000

=110/100×10000

=11×1000

=Rs. 11000

Loss =10%

Selling price =[100−L/100]×C.P

=100−10/100×10000

=90/100×10000

=9×1000

=9000

Total cost price =10000+10000 =20000

Total selling price =11000+9000=20000

Here C.P=S.P

Therefore, it is neither Loss nor Profit.