Question

A man buys two pens at 20/- each. He sells one at a gain of 5% and other at a loss 0f 5% .Find his gain or loss per cent
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Answer 1

Answer:

No gain no loss

Step-by-step explanation:

C.P. of first pen = Rs.20

Gain = 5% of Rs.20 = 5/100 × 20 = Rs.1

S.P. of first pen = Rs.21

C.P. of second pen = Rs.20

Loss = 5% of Rs.20 = 5/100 × 20 = Rs.1

S.P. of second pen = Rs.19

Total C.P. = Rs.(20+20) = Rs.40

Total S.P. = Rs.(21+19) = Rs.40

C.P. = S.P.

Hence, there is no gain no loss.