Q. 54.1( 254 Votes )
A VCR and TV were bought for Rs 8,000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the TV. Find the gain or loss percent on the whole transaction.
Answer :
Case 1: For V.C.R
Cost Price = Rs. 8000
On V.C.R, Shopkeeper made a 4% loss
So, Selling Price of V.C.R = 8000 - 4% of 8000
Case 2: T.V
Cost Price of T.V = Rs. 8000
On. T.V, shopkeeper made a profit of 8%
So, Selling Price of T.V = 8000 + 8% of 8000
Therefore,
Total C.P = 8000 + 8000 = Rs. 16000
Total S.P = 7680 + 8640 = Rs. 16320
As S.P > C.P
Profit is made by the shopkeeper.
Therefore, Profit = S.P - C.P
Profit = 16320 - 16000
Profit = Rs. 320
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