Question

A man buys two cricket bats, one for 1360 and the other for 1040. He sells the first bat at again
of 15% and the second one at a loss of 15%. Find his gain or loss per cent in the whole transaction.
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Answer 1

Answer:

≈2%

Step-by-step explanation:

•For 1st bat

Cost prize=Rs 1360

Gain= 100/15×1360=Rs 204

Selling prize=1360+204=Rs 1564

•For 2nd bat

Cost prize=Rs 1040

Loss= 100/15×1040=Rs 156

Selling prize=1040−156=Rs 884

Total Cost prize=1360+1040=Rs 2400

Total Selling prize=1564+884=Rs 2448

Gain=2448−2400=Rs 48

Percentage gain= 2400/48×100

=2%

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