Question

Mr. Mehta purchased a vedio for ₹20000 and a television for ₹30000. On the vedio he lost 5% and on the television he gained 8% . Find his total gain or lose per cent.​

Answer 1

Answer:

He gained ₹1400 profit

Step-by-step explanation:

Purchase price of video: ₹20,000

Therefore,

now, loss incurred- 5%

5% of ₹20,000=5/100 × 20,000

Therefore,

loss incurred on video is ₹1000.

Purchase price of the television: ₹30,000

Therefore,

Profit gained= 8% of ₹30,000

Therefore profit gained is ₹2400

here, profit occurred is more than loss,

Therefore,

Total profit gained= profit gained in television- loss occurred in video

=₹2400-₹1000

=₹1400

Hence,profit Mr. Mehta gained profit of ₹1400.

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