Question

Two computers were purchased for rupees 16,000 each. One was sold at a gain of 5% and other at a loss of 4%. Find the overall Gain or loss percent

Answer 1

$\textbf {Hey there, here is the solution.}$

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Cost Price of each computer = Rs 16 000

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STEP 1: Find the selling price of the one sold at 5% gain:

gain = 5% x 16000 = 0.05 x 16000 = Rs 800

Selling Price = 16000 + 800 = Rs 16,800

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STEP 2: Find the selling price of the one sold with a 4% loss:

Loss = 4% x 16 000 = 0.04 x 16 000 = Rs 640

Selling Price = 16000 - 640 = Rs 15,360

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STEP 3: Find total selling price:

16,800 + 15,360 = Rs 32,160

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STEP 4: Find total cost price:

16000 x 2 = Rs 32,000

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Find gain percentage:

Gain = 32,160 32,000 = Rs 160

Gain percentage = 160/32000 x 100 = 0.5%

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Answer: The overall gain is 0.5%

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$\textbf {Cheers}$

Answer 2

Hey Friend Here is your answer

C.P of first computer=16000

Gain=5%

S.P = C.P+P%of C.P

=C.P+5\100*16000

=16000+800

=16800

C.P of 2nd computer=16000

Loss=4%

S.P=C.P-L%OF C.P

=16000-640

=15360

TOTAL S.P=32160

TOTAL C.P=32000

Profit S.P-C.P=160

P%=160\32000*100=0.5%

Thank You