Answer:
It is a profit
Step-by-step explanation:
cost of VCR= 8000
loss= 4%
Loss in rupees = loss%/100 × Cost price
4/100×8000= 320 rupees
Selling price of VCR = 8000-320 = 7680 ₹
Cost of TV = 8000₹
gain = 8%
gain in rupees = gain %/ 100 × Cost price
8/100 × 8000
= 640 ₹
Selling price of TV= 8000+640= 8640₹
Total Selling price = 7680₹+8640₹ = ₹16320
Total Cost price = ₹8000+₹8000= ₹16000
Profit = ₹16320 - ₹16000
= ₹320
Hence it is a profit
Profit percent = 320/16000 × 100 = 2%
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Verified answer
Answer:
It is a profit
Step-by-step explanation:
cost of VCR= 8000
loss= 4%
Loss in rupees = loss%/100 × Cost price
4/100×8000= 320 rupees
Selling price of VCR = 8000-320 = 7680 ₹
Cost of TV = 8000₹
gain = 8%
gain in rupees = gain %/ 100 × Cost price
8/100 × 8000
= 640 ₹
Selling price of TV= 8000+640= 8640₹
Total Selling price = 7680₹+8640₹ = ₹16320
Total Cost price = ₹8000+₹8000= ₹16000
Profit = ₹16320 - ₹16000
= ₹320
Hence it is a profit
Profit percent = 320/16000 × 100 = 2%