two bags were sold for rupees 500 each .the shopkeeper made a loss of 10 % on the first and a profit of 8% on the other . Find his total gain or loss percent in the whole tranction
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Answer:
Cost price of a T.V set =Rs 10000
profit =10%
Selling price =[100+p/100]×C.P
=[100+10/100]×10000
=110/100×10000
=11×1000
=Rs. 11000
Loss =10%
Selling price =[100−L/100]×C.P
=100−10/100×10000
=90/100×10000
=9×1000
=9000
Total cost price =10000+10000 =20000
Total selling price =11000+9000=20000
Here C.P=S.P
Therefore, it is neither Loss nor Profit.
Answered by
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Step-by-step explanation:
first case
SP of the bag = Rs.500
loss = 10%
CP = ?
second case
SP = Rs. 500
profit = 8%
CP of the second bag = ?
Now total CP of two bags
Total SP = Rs. 500 + Rs. 500
= Rs. 1000
Here CP< SP
So there is loss
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