Mr.Mehta purchased a video for rupees 20000 and a television for rupees 30000.On the video he lost 5% and on the television he gained 8%.Find his total gain or loss per cent.
Answers
video:
CP = 20000
Loss = ?
Loss% = 5
Loss% = loss/ CP x100
5 = loss / 20000 x 100
5 x 200 = loss
Loss = 1000
Tv:
Cp = 30000
Gain = ?
Gain % = 8
Gain% = gain / cp x 100
8 = gain / 30000 x 100
8 x 300 = gain
Gain = 2400
Total gain = gain - loss
= 2400 - 1000
= 1400
Answer:
first find the selling price of both and compare it with cost price to obtain profit or loss
Step-by-step explanation:
SPof video=CP×loss price-100/100
=20000×95/100
=19000
SP of tv=CP×profit percent+100/100
=30000×108/100
=32400
CP=20000+30000=50000
SP=19000+32400=51400
CP <SP=profit
Profit=SP-CP
=51400-50000
=1400
Profit percent=profit/CP×100
=1400/50000×100
=2.8%