Question

1. A dealer sells two articles each one at Rs. 19200. If
sells one item at a gain of 20% and another at a loss
20% then find his profit or loss (in Rs)?​

Answer 1

Answer:

Cost of article which is sold@20% gain=5175/120*100=6468.75

Cost of article which is sold @20 loss=5175/80*100=4312.50

Total cost=6468.75+4312.50=10781.25

Total sales=5175+5175=10350.00

Total loss=10781.25–10350.00=431.25

Total loss percentage=431.25/10781.35*100=4%