By selling two transistors for Rs 600, each a shopkeeper gains 20% percent on one transistor and loses 20% percent on the other. Find total C.P and total S.P of both the transistors.
Cost price (CP) of each transistor = Rs 600
∴ CP of two transistors = 2×600=Rs.1200
Let the Selling Price of one transistor be SP1 and that of the other be SP2.
Since, he gains 20% on one transistor, therefore,
SP1=100+Gain%100×CP
=100+20100×600
=120100×600
∴SP1=Rs.720
Similarly, he losses 20% on the other transistor, therefore,
SP2=100−Loss%100×CP
=100−20100×600
=80100×600
∴SP1=Rs.480
Hence, total selling price of the two transistor = SP1+SP2=720+480=Rs.1200