3. If we sell something at 10% profit and then after that at 10% loss what will be the total loss or gain percent?
Answers
Answered by
1
Answer:
2.01/202.01 = 1%loss
Explanation:
1
If a item sells at 10% profit and the same item at 10% loss, what is the total loss or gain?
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Shobhit Chaudhary
Answered April 26, 2018
Suppose the selling price to be 100 for both the items.
A: 10% profit
SP=100
SP = CP(1+Profit/100)
CP=100/110*100=90.90/-
B:10%loss
SP = 100
CP = 100*100/90=111.10/-
Total CP = 90.90+111.11=202.01/-
Total SP = 100+100 = 200/-
loss = 202.01–200 = 2.01
Therefore total loss = 2.01/202.01 = 1%loss
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