Anubhab sells two T.V. for Rs. 30,000 each. He earns a profit of 20% on one and suffers
a loss of 20% on the other. Find his total profit or loss percentage.
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Answer:
Loss=4.16%
Step-by-step explanation:
Given,
SP of two TV for Rs.30,000 each
He earns a profit of 20% on one
CP=SP*100/(100+Profit)
CP=30000*100/120
CP=25000
suffers a loss of 20% on the other.
CP=SP*100/(100-loss)
CP=30000*100/80
CP=37500
Total SP=30000*2=>60000
Total CP=25000+37500=>62500
SP is less than CP there will be loss
Loss%=((CP-SP)/CP)*100
Loss%=((62500-60000)/60000)*100
Loss%=(2500*100)/60000
Loss%=4.16%
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