Mr. Peter sold two DVD-sets for Rs. 8900 each; gaining 15% on one and losing 13% on the other. Find the total loss or gain as percentage on the whole transaction.
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Mr. Peter sold two DVD-sets for Rs. 8900 each; gaining 15% on one and losing 13% on the other. Find the total loss or gain as percentage on the whole transaction.
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1% profit against whole transaction.
Step-by-step explanation:
profit on one DVD = 8900×15/100 = 1335
loss on another DVD = 8900 ×13/100= 1157
Total profit = 1335 - 1157 = 178
Total profit percentage = 178/17800×100= 1%