Question
A woman bought a washing machine for Rs. 12,000 and a
microwave oven for Rs. 7,500. She sold the washing machine at a profit of 15% and the microwave oven at a loss of 20%. Find the total profit or loss for her in the transaction.Solution
ATQ,
Sum of cost price of the washing machine and microwave oven = 12000 + 7500 = Rs. 19,500
Selling price of the washing machine = 12000 Ă— 1.15 = Rs. 13,800
Selling price of the microwave oven = 7500 Ă— 0.80 = Rs. 6,000
Total profit in the transaction = (13800 + 6000) - 19500 = Rs. 300
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