Ankita bought two T.V. sets for 18000 each. She sold one of them at a profit of 20% and the other at a loss of 5%. Find the gain or loss percent in the whole transaction.
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Step-by-step explanation:
C.P of the T.V. is 18000 each
Profit on one T.V = 20%
20/100*18000
= 3600
Loss on another T.V is 5%
5/100*18000
= 900
S.P. of the first T.V. on which she get profit is 18000+3600
= 21600
S.P of another T.V on which she get loss is 18000-900
=17100
Total C.P is 18000+18000
= 36000
Total S.P is 21600+17100
= 38700
38700≥ 36000
So, profit is there
profit percent = profit/ C.P *100%
= 38700-36000
= 2700
Profit percent= 2700/36000*100%
= 270/36
= 7.5%
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