Question

16. A dealer sells two cordless phones for rs3000each he gains 20%on the phone and losses 20%on the other what percentage does he gain or lose on the whole transaction​

Answer 1

Question:A dealer sells two cordless phones for rs3000each he gains 20%on the phone and losses 20%on the other what percentage does he gain or lose on the whole transaction

Answer:

4%

Step-by-step explanation:

Selling Price of each table =3000

Gain on Table1 =20%, Loss on Table2 =20%

For Table1

SP=CP+20% of CP=(

100

120

)×CP

CP=3000×(

120

100

)=2500

For Table2

SP=CP−20% of CP=(

100

80

)×CP

CP=3000×(

80

100

)=3750

Total CP=2500+3750=6250

Total SP=2×3600=6000

Profit or Loss=SP−CP=6000−6250=−250... (Negative means Loss)

Percent loss=(

CP

Loss

)×100=(

6250

250

)×100=4

∴ Loss is 4%