Question

Anita purchased 2 transistors at $7600 each. She sold one at a profit and one at a loss. Find the profit or loss.

Answer 1

To find the profit or loss, we first need to determine the selling price of the transistor. Let's assume Anita sold one transistor at a profit of x% and the other at a loss of y%. The profit can be calculated using the formula: Profit = Selling Price - Cost Price, while the loss can be calculated as Loss = Cost Price - Selling Price.

Step-by-step explanation:

To find the profit or loss, we first need to determine the selling price of the transistor. Let's assume Anita sold one transistor at a profit of x% and the other at a loss of y%. From the given information, we know that the buying price of each transistor is $7600.

1. Selling price of transistor sold at a profit (SP1) = $7600 + $7600(x/100)
2. Selling price of transistor sold at a loss (SP2) = $7600 - $7600(y/100)

To find the profit or loss, we subtract the cost price from the selling price:

Profit = SP1 - CP = ($7600 + $7600(x/100)) - $7600 = $7600(x/100)

Loss = CP - SP2 = $7600 - ($7600 - $7600(y/100)) = $7600(y/100)