Given:
A TV and Washing machine were purchased for Rs 15000 each.
Together, they are sold at Rs 35000.
To find:
The profit and profit%.
Solution:
A TV and Washing machine were purchased for Rs 15000 each. So, the total cost price is
[tex]C.P.=15000+15000[/tex]
[tex]C.P.=30000[/tex]
Together, they are sold at Rs 35000. So, the selling price S.P. is 35000.
Now,
[tex]Profit=S.P.-C.P.[/tex]
[tex]Profit=35000-30000[/tex]
[tex]Profit=5000[/tex]
And,
[tex]Profit\%=\dfrac{Profit}{C.P.}\times 100[/tex]
[tex]Profit\%=\dfrac{5000}{30000}\times 100[/tex]
[tex]Profit\%=\dfrac{50}{3}[/tex]
[tex]Profit\%\approx 16.67[/tex]
Therefore, the profit is Rs. 5000 and the profit percent is 16.67%.
