Question

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Answer 1

Answer:

Profit = 9.4%

Step-by-step explanation:

Cost of one camera C.P = S.P × 100/(100 - loss%)

= 4580×100/(100-15)=4388.

Cost of second camera C.P = S.P × 100/(100 + gain%)

= 4580 × 100/(100 + 15)

= Rs. 3982.

Both the cameras bought for 4388 + 3982 = Rs. 8370.

So, cost of both cameras is Rs. 8370.

But both of them sold for 4580 × 2 = 9160

From this we can understand that he got profit.

Profit = S.P - C.P

= 9160 - 8370

= 790.

Gain% in whole transaction is 790/8370 × 100 = 9.4%

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