. Suman purchased a microwave for 6500 and sold it at a profit of 24%. From that amount she purchased a refrigerator and sold it at a loss of 20%. What is her overall profit/loss?
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Answer:
She bought microwave for Rs 6500
Sold with 24% profit
that is
1560+6500
her 24% is 1560,so we've to add the amount with total amount
1560+6500=8060
from Rs 8060, she bought a refrigerator
and sold it with a loss of 20%
So,find 20% of 8060
here we used minus sign,as she had a loss percentage
8060-1612
=6448
And for finding overall %, we've to subtract the last number from the first amount
that is
6500-6448
=Rs 2
For finding what percentage of a number is the final number, we've to divide them
as
so,her profit % is 0.030
or
Rs 2
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