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A VCR and TV were bought for Rs. 8,000 each. The shopkeeper ma

Question

A VCR and TV were bought for $R s .8, 000$ 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.

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A VCR and TV were bought for

R s .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.

9 mins ago

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Text solutionVerified

Selling price of the TV

= 8000 + \frac{8}{100} \times 8000 =

8640

Selling price of the VCR

= 8000 - \frac{4}{100} \times 8000 =

7680

Total cost price

=

8000 + 8000 =

16000

Total selling price

=

8640 + 7680 =

16320

Total gain

=

320

Gain

% = \frac{320}{16000} \times 100 = 2%

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Question Text	A VCR and TV were bought for $R s .8, 000$ 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 Type	Text solution:1
Upvotes	150