Ramesh bought an LED TV and a sofa set for 15,000 each. He sold the LED TV at a loss of
6% and sofa set for a profit of 9 %. Find the gain or loss per cent on the whole transaction
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Ramesh bought an LED TV and a sofa set for 15,000 each. He sold the LED TV at a loss of
6% and sofa set for a profit of 9 %. Find the gain or loss per cent on the whole transaction
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Answer:
1.5% profit on total transaction
Step-by-step explanation:
sofaset 15000 purchase price
LED. 15000 purchase price
total purchase 30000
LED sell 6% loss on 15000
ie.15000-900= 14100 is selling price of LED
sofa sell 9% profit on 15000
I.e. 15000+1350=16350
total sell 16350+14100=30450
450 gain 8n transaction
now find percentage
450= (X/100)*30000
450=x*300
X=450/300
X=45/30
X=3/2
X=1.5
1.5% profit on total transaction