Mr Mehta purchased a video for * 20000 and a television for 30000. On the video
5% and on the television he gained 8%. Find his total gain or loss percent
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Video=>
CP=20000
loss=5*20000/100
= 1000
SP=20000-1000
=19000
TV=>
CP=30000
loss=8*30000/100
= 2400
SP=30000+2400
=32400
therefore,
total CP=20000+30000
=50000
total SP=19000+32400
= 51400
therefore, profit=51400-50000
=1400
therefore, profit%=(1400/50000)*100
=2.8% gain.
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