Question

a man sold two articles at 375 each, on the first article, he gained 25% and on the other he lost 25% how much does he gain or loss in the whole transaction? also find the gain or loss percent in the whole transaction?

Answer 1

CP OF FIRST ARTICLE=100x375/125=300
CP OF SECOND ARTICLE=100x375/75=500
TOTAL CP=300+500=800
TOTAL SP=375x2=750
LOSS=800-750=50
LOSS%=50x100/800=6.25%

Answer 2

Solutions :-

We have,
Selling price of two articles is Rs 375 each.

Find the Cost Price of one article at 25% gain :-

C.P = (S.P × 100)/(100 + gain)
= (375 × 100)/(100 + 25)
= 37500/125
= 300

Find the Cost price of other articles at 25% loss :-

C.P = (S.P × 100)/(100 - loss)
= (375 × 100)/(100 - 25)
= 37500/75
= 500

Now,
Cost Price of two articles = Rs (300 + 500) = Rs 800
Selling price of two articles = Rs (375 + 375) = Rs 750

Cost Price > Selling price

Loss = C.P - S.P
= Rs (800 - 750)
= Rs 50

Loss % = (loss × 100)/C.P %
= (50 × 100)/800 %
= 5000/800 %
= 6.25%

Answer : The loss percent in the whole transaction = 6.25%