Tow computer were purchased for $16000 each. One was sold at gain of 5% and other at loss of 4% . Find the overall gain or loss % in the whole transaction
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Answer:
CP of computer=16000 rs
no of computer= 2
total cost= 2×16000=32000rs
first is sold at 5% gain ,
gain= (5×16000)/100=800 rs
SP of first computer=800+16000=16800 rs
2nd has loss of 4% ,
loss=(4×16000)/100=640 rs
SP of 2nd computer= 16000-640=15360rs
total CP= 32000 rs
total SP= 15360+16800=32160rs
as SP>CP , there is profit,
profit= 32160-32000= 160
profit %=(160×100)/32000= 0.5%
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