PROBLEM IN NO. 7 QUESTION
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I hope it's help you
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Answered by
1
Answer:
1.62%
Step-by-step explanation:
(i)
Cost price of computer = Rs 32000
Loss incurred = 5%
∴ Selling price = {(100 - Loss%)/100} * CP
= {(100 - 5)/100} * 32000
= 30400
(ii)
Cost price of oven = 6500.
Gain = 15%.
Selling price = {(100 + Gain%)/100} * CP
= {(100 + 15)/100} * 6500
= 7475
Thus,
Total cost price = 32000 + 6500 = 38500
Total Selling price = 30400 + 7475 = 37875
Here,
Cost price > Selling price. So, Loss occured.
Loss = Cost price - Selling price
= 38500 - 37875
= 625
Loss% = (Loss/CP) * 100
= (625/38500) * 100
= 1.62%
Therefore,
Total Loss percent = 1.62%
Hope it helps!
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