Question

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

Answer 1

Answer :

A man buys two cricket bats,
First bat costs Rs 1360
Other bat costs Rs 1040

So total cost he paid on both bats,T1 = 1360+1040 = Rs 2400

Now,he sells first bat at gain of 15%,
=> Man sold first bat at cost,F1 = 1360 + (1360×15/100)
=> F1 = 1360 + 204
=> F1 = Rs 1564

Now,he sells the other bat at loss of 15%,
=> F2 = 1040 - (15% of 1040)
=> F2 = 1040 - (1040×15/100)
=> F2 = 1040 - 156
=> F2 = Rs 884.

So total selling cost after selling both bats,T2 = 1564+884
=> T2 = Rs 2448

So he bought both bots at cost T1 = Rs 2400
&
He sold both bats at cost T2 = Rs 2448

So total profit or gain percent,P = (48/2400)×100 %

●Overall gain percent = 2 %

●●● Hope It Helps ●●●