a Man sells two pipes at rs 12 each.he gains 20% on one and loses 20% on the other.in the whole transaction there is.
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Answer:
Given that
Selling price of each pipe is 12rs
sp = ((100+g)/100)* cp
sp = ((100-l)/100)* cp
Therefore cp of 1st pipe
cp1= 12*(100/120)= 10rs
cost price of second pipe
cp2= 12*(100/80) =15 rs
hence total cp is 10rs +15rs is equal to 25 rs
total sp is 24rs
hence cp is greater than selling price
therefore loss is 1rs
loss percentage = (loss/cp) *100
=(1/25)*100= 4%
There is direct formula for effective percentage is a%-b%+(ab/100)
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