A dealer sells two machines-machine A and machine B-at the rate of rps 3000 each.on selling machine A,he loses 20% and on selling machineB,he gains 20% find the dealer's loss percent
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Answer:
LOST 4 per cent.
Step-by-step explanation:
Loss of 4%
Step-by-step explanation:
Find the total selling price:
1 machine = Rs 2400
2 machines = 2400 x 2 = Rs 4800
Find the cost price of one machine:
Gain = 20%
Selling Price = 100 + 20 = 120%
120% = Rs 2400
1% = 2400 ÷ 120 = Rs 20
100% = 20 x 100 = Rs 2000
Find the cost price of the other machine:
Loss = 20%
Selling Price = 100 - 20 = 80%
80% = Rs 2400
1% = 2400 ÷ 80 = Rs 30
100% = 30 x 100 = Rs 3000
Find the total cost price:
Total cost price = 2000 + 3000 = Rs 5000
Find the gain /loss:
Rs 5000 > Rs 4800 ⇒ Loss
Loss = 5000 - 4800 = Rs 200
Find the loss percentage:
Loss = loss/cost price x 100
Loss = 200/5000 x 100 = 4%
Answer: The loss is 4%
HOPING IT WOULD BE HELPFUL !!
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