A man sold 2article for rs 500 each. on one he gains 20% and on the other he loses at 10% find the overall gain or loss
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20% gain = 20% of rs 500 = 0.2 x 500 = rs 100
Sales Price = 500 + 100 = rs 600
10% lost = 10% of rs 500 = 0.1 x 500 = rs 50
Sales Price = 500 - 50 = rs 450
Total Sales = 600 + 450 = rs 1050
Total Cost = 500 x 2 = rs 1000
Overall gain = 1050 - 1000 = rs 50
Answer: Gain = rs50
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28% loss in the whole transaction
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