A dealer sells two watches for ₹2250 each, gaining 25% on one watch and losing 25% on the other watch. Find the gain or loss percent on the whole transaction.ion
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- 6.25 % (Loss)
Step-by-step explanation:
Selling price of two watches for 2250 Rs.each = 2250 + 2250
= 4500 Rs.
25% profit on one watch,
Then, 125% = 2250
100% =
100% = 1800
So,cost price of one watch 1800
And 25 % loss on other watch,
Then, 75% = 2250
100% =
100% = 3000
So, the cost price of other watch 3000
Cost price of both watches = 1800 + 3000
= 4800 Rs
Loss or profit percentage on whole transaction ,
=
= - 6.25 % (Loss)
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