Question

a car and a jeep were sold for rs 121000 each.the car was sold at a loss of 20% while the jeep at a gain of 20%.the entire transaction resulted in?with solution

Answer 1

121000 is not the correct answer

Answer 2

Sp of car =1,21,000
Loss =20 %
Cp =100/100-%loss*cp
Cp =100/80*121000=1,51,250
Second
Sp of jeep =121000
Gain =20%
Cp=100/100+%gain*cp
Cp=100/120*121000=100832.3
Total sp=121000+121000=242000
Total cp=151250+100832.3=2520832.3
If Cp is greater than the sp so loss
252082.3-242000=10082.3