Mr Meheta purchased a video for Rs.20000 and TV for Rs.30000 . On the video he lost 5 percent and on TV he gained 8 percent. Find his total gain or loss percent?
Answers
Answered by
2
1000 lost on video and gain of 2400
Answered by
4
C.P of Video = Rs.20,000
Loss% = 5%
S.P of video = C.P( 100-loss%/100)
=20,000(100-5/100)
20,000×95/100
= 19,000
Now,
C.P of T.V =Rs. 30,000
Profit % = 8%
S.P of T.V = C.P (100+profit%/100)
= 30,000 (100+8/100)
= 30,000×108/100
= 32,400
Total Cost price = Rs 30,000 + Rs 20,000
= Rs 50,000
Total selling price = Rs 32,400 + Rs 19000
= Rs 51,400
So S.P is greater he creates a profit
Profit = S.P -C.P
= Rs 51400 - Rs50000
= Rs 1400
Profit % = Profit×100/CP
=1400×100/50000
= 14/5= 2.8%
Hope it helps you
Loss% = 5%
S.P of video = C.P( 100-loss%/100)
=20,000(100-5/100)
20,000×95/100
= 19,000
Now,
C.P of T.V =Rs. 30,000
Profit % = 8%
S.P of T.V = C.P (100+profit%/100)
= 30,000 (100+8/100)
= 30,000×108/100
= 32,400
Total Cost price = Rs 30,000 + Rs 20,000
= Rs 50,000
Total selling price = Rs 32,400 + Rs 19000
= Rs 51,400
So S.P is greater he creates a profit
Profit = S.P -C.P
= Rs 51400 - Rs50000
= Rs 1400
Profit % = Profit×100/CP
=1400×100/50000
= 14/5= 2.8%
Hope it helps you
Similar questions