Question

A man bought two cars for rs 99000 each He sold one of them at a profit of 10 % and one at a loss of 10 % Calculate the profit or loss percentage in the whole transaction​

Answer 1

Step-by-step explanation:

99,000. He makes a profit of 10% on the first car, but incurs a loss of 10% on the second.

C.P. of car sold at 10% loss = 100 × 99000 = Rs. 110000

90

Answer 2

Cost Price of the two cars = ₹99000

Profit Percentage = 10%

Loss Percentage = 10%

Total profit = 10% of 99000

= 10/100 × 99000

= ₹9900

Selling price = CP + P

= ₹(99000 + 9900)

= ₹108900

Total loss = total profit

(since profit % = loss %)

= ₹9900

Selling price = CP - loss

= ₹(99000 - 9900)

= ₹89100