answer the question :)
Answers
Answer:
she got loss of 8%
Step-by-step explanation:
for gas stove
buying price= Rs.4000
loss%=20%
original price= buying price*(100-loss%)/100
=> 4000*(100-20)/100
=> 4000*80/100
=> 3200 Rs.
original price is 3200 for gas stove
for chimney
buying price=4000 Rs
profit=4%
original price= buying price * (100+profit%)/100
=> 4000*104/100
=> 4160 Rs.
loss in gas stove = Rs 800
profit in chimney= Rs 160
the loss is greater than profit
=> total loss= 800-160
=> 640Rs
total buying price=4000+4000
=> 8000Rs
total loss %= loss*100/total buying price
total loss %= 640*100/8000
=> 8%
she had a loss of 8% on total
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Question
Ritika bought a gas stove and a chimney for ₹4000 each. She made a loss of 20% on gas stove and a profit of 4% on chimney. Find the gain or loss on the whole transaction and its percentage.
Answer
Given :
Cost price of each item : ₹4000
Loss percent of gas stove : 20%
Gain percent of chimney : 4%
To find :
The gain or loss amount and it's percentage.
Solution :
First, we should find the selling prices of both gas stove and the chimney.
Selling price of gas stove :
Selling price of chimney :
Now, we should find the total cost price and the total selling price.
Total cost price :
₹
Total selling price :
₹
We can observe that the cost price is greater than the selling price. So,
Loss Amount :
₹
Now, let's find the loss percentage on the whole transaction.
Loss percentage :
Hence, the loss percentage of the whole transaction is 8%.