A man sells two articles for Rs 3600 each and he gains 30% on the first and loses 30%on the next . Find his total gain or loss
Answers
✓✓A man sells two articles for Rs 3600 each and he gains 30% on the first and loses 30%on the next . Find his total gain or loss.
Let profit be x and loss be y.
then,
According to question,
x = 30% and y = -30%
➥
➥
➥
➥
➥
[here negative indicate loss]
so, Total loss = 9%
- Profit ( p ) = SP - CP
- Loss ( L ) = CP - SP
- CP = SP - Profit ( P )
- CP = SP + Loss ( L )
- Gain % = (Gain × 100 / CP)
- SP = (100 - Loss% / 100) × CP
- Loss % = (Loss × 100 / CP)
- CP = 100 × SP / ( 100 + Gain%)
- SP = (100+ Gain% / 100) × CP
- CP = 100 × SP / (100 - Loss%)
➥Cost price :- The amount paid to purchase an article is called its cost price (CP)
➥Selling Price :- The amount at which an article is sold is called its selling price (SP)
➥Profit :- If (SP) > (CP) , the seller is said to have a profit or gain and it is equal to (SP) - (CP)
➥ Loss :- (SP) < (CP) , the seller has a loss and it is equal to (CP) - (SP).
Given :
- A man sells two articles for Rs 3600
- he gains 30% on the first
- loses 30%on the next
To Find :
- his total gain or loss
Solution :
Total cost of articles = 3600 + 3600
→ Total cost of articles = 7200
cost of 1st articles after change = 3600 + 30% of 3600
→ cost of 1st articles after change = 3600 + 1080
→ cost of 1st articles after change = 4680
cost of 2nd articles after change = 3600 - 30% of 3600
→ cost of 1st articles after change = 3600 - 1080
→ cost of 1st articles after change = 2520
Total cost of articles after change = 4680 + 2520
→ Total cost of articles after change = 7200
Gain% = 7200 - 7200/100 × 7200
→ Gain% = 0/100 × 7200
→ Gain% = 0 × 72
→ Gain% = 0