Question

15. Ravi purchased two articles for
1500 each. He sold them, gaining 6% on on
and losing 4% on the other. His gain/loss per
cent in the whole transaction is​

Answer 1

Answer:

1% Gain

Step-by-step explanation:

CP of first article = ₹1500

Gain = 6% = 6/100 × ₹1500 = ₹90

SP of first article = ₹1500 + ₹90 = ₹1590

CP of second article = ₹1500

Loss = 4% = 4/100 × ₹1500 = ₹60

SP of second article = ₹1500 - ₹60 = ₹1440

Total CP = ₹1500 + ₹1500 = ₹3000

Total SP = ₹1590 + ₹1440 = ₹3030

SP > CP,

Gain = SP - CP = ₹3030 - ₹3000 = ₹30

Gain percent = Gain/CP × 100 = 30/3000 × 100 = 1%