2 A person sells two houses at Rs 9600 each.
On on the gain 20% and on the other he
losses 20%.. Find this
gain
or loss%.
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1
Answer : 4% Loss
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Solution :
There are two ways to solve this question :
(1) First method :
The cost price of the house which is sold on the 20% gain = 9600 × 100/(100+20) = Rs. 8000
The cost price of the house which is sold as 20% loss = 9600 × 100/(100-20) = Rs. 12000
Then, Total cost price = 8000 + 12000 = Rs. 20,000
Total Selling Price = 9600 + 9600 = Rs. 19200
Loss = 20000 - 19200 = Rs. 800
Loss% = 800/20000 × 100 = 4%
(2) Second Method :
Gain% - Loss% - (Gain%×Loss%)/100
=> 20 - 20 - (20×20)/100 = -4 = 4% Loss
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