ii) A shopkeeper bought two refrigerators for $20,000 each. He sold one refrigerator at a gain of 15% and
other at a loss of 10%. Find his overall gain/loss%.
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Step-by-step explanation:
No of refrigerators = 2
Rate of 2 refrigerators = $20,000.
Gain of one refrigerator = 15% of $20,000.
= 15÷100 × 20,000.
= 3,000+20,000
= $23,000
Loss of refrigerator = 10% of $20,000.
= 10 ÷ 100 × 20,000.
= 20,000 ‐ 2,000.
= 18.000
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