raj bought a Mp3 Player and TV for 12,000 each. She sold Mp3 player at a loss of 5% and profit of 6% on TV. Find the Profit or loss percentage on the whole transaction?
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Answer:
Since
the price of both tv and mp3 player is 12000
so the loss on mp3 will be 12000*5/100=600
profit on tv will be 12000*6/100=720
overall profit or loss = 720-600 = 120
profit % of whole transaction will be
120*100/12000 = 1%
Logically its very easy to judge the answer as the cost price of both things were same so loss and profit will be same as well so the total profit or loss % can be find out by 6%-5%=1%
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