Question

A man purchased two plots for ₹500000 on one he gains 15% while on the other he loses 15%. Find how much does he gain or lose in the transaction

Answer 1

Answer: 2.25% loss

Step-by-step explanation:

Loss%=(Common loss & gain/10)^2

= (x/10)^2

Therefore, here common loss and gain =15%

Hence,

=(15/10)^2 = 2.25% loss (ans)

Answer 2

Answer:

The sale price is equal to the Purchase price.

Step-by-step explanation:

Sale Price of the plot sold at a $15$% gain $= 2,50,000(1 + 0.15)$

$= 2,50,000*(1.15)$

Sale Price of the plot sold at a $15$% loss $= 2,50,000(1 - 0.15)$

$= 2,50,000*(0.85)$

Sale Price of both the plots $= 2,50,000 *(1.15) + 2,50,000 *(0.85)$

$= 2,50,000(1.15 + 0.85)$

$= 2,50,000 * 2$

$= 5,00,000.$

The sale price is equal to the Purchase price.

There exists neither any gain nor any deduction in the sale of the two plots, provided the plots cost the exact.

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