Question

A man sold two articles for 740,000 each. On one he gains 30% and on the other he losses 30%. Find the overal loss or gain %​

Answer 1

Step-by-step explanation:

First article

SP=740000

Gain%=30%

CP = (100*740000)/130=569,230.769

Second article

SP=740000

Loss %=30%

CP = (100*740000)/70= 1,057,142.86

Total CP = 569230.769+1057147.86=1,626,373.63

Total SP =740000+740000=1,480,000

Loss = CP − SP

Loss =1626373.63-1480000 =146,373.63

Loss %= (146373.63*100)/1626373.63= 9%