devarshi-dt-logo

Question:

A VCR and TV were bought for Rs. 8000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the TV. What was the total gain or loss?

Solution:

Selling price of the TV = 8000 + 8/100 × 8000 = Rs 8640
Selling price of the VCR = 8000 - 4/100 × 8000 = Rs 7680
Total cost price = Rs 8000 + 8000 = Rs 16000
Total selling price = Rs 8640 + 7680 = Rs 16320
Total gain = Rs 16320 - Rs 16000 = Rs 320
Gain = Rs 320