1. Madhav spent ?1200 on buying 6 stools. One of
stools was sold at a loss of 10% by mistake. Ata
price should the remaining five stools be sold son
4%. Find the
the net gain is 8%?
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Answer:
In the case where loss and gain percentage is common on the sameselling price always a loss incurs in total deal and this can be calulated by a short cut
Loss on total deal
=(Common loss or gain percentage 10)2=(2010)2=4%
alternatively it can be also calculated through Graphic Change Method: this can be given by
100=20% gain ----> 120= 20% LOSS ---> 96
loss = 4% (as 100 became 96)
Step-by-step explanation:
hope it helps you
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