Vinayak purchased a mobile phone for Rs 8400 pair of shoes for Rs 2800 he sold the mobile phone at a loss of 5% and a pair of shoes at a gain of 20% find his total gain or loss percentage
Answers
Answer:
Cost price of the mobile phone= Rs 8400
let the S.P be x, then L%= 5%
L= C.P - S.P
L= 8400 - x
L%= L/C.P X 100
5 = 8400 - x / 8400 X 100
x= Rs 7980
Now,
P%= 20%
P= S.P - C.P
P= x - 2800
P%= P/C.P X 100
20= x - 2800/ 2800 X 100
x= Rs 3360
Now, total S.P= 7980+3360 = Rs. 11340
total C.P = 8400 + 2800 = Rs. 11200
As S.P > C.P
therefore it is a profit
P%= P/C.P X 100
P%= 11340-11200/11200 X 100
P%= 140/11200 X 100
P%= 35/28
P%= 1.25%
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Step-by-step explanation:
Answer:
Cost price of the mobile phone= Rs 8400
let the S.P be x, then L%= 5%
L= C.P - S.P
L= 8400 - x
L%= L/C.P X 100
5 = 8400 - x / 8400 X 100
x= Rs 7980
Now,
P%= 20%
P= S.P - C.P
P= x - 2800
P%= P/C.P X 100
20= x - 2800/ 2800 X 100
x= Rs 3360
Now, total S.P= 7980+3360 = Rs. 11340
total C.P = 8400 + 2800 = Rs. 11200
As S.P > C.P
therefore it is a profit
P%= P/C.P X 100
P%= 11340-11200/11200 X 100
P%= 140/11200 X 100
P%= 35/28
P%= 1.25%
Step-by-step explanation: