Question

A man sold two bicycles of RS.3000each, gaining 20%on one ,lossing20%on other. Find C.P of each cycle and then find the gain or loss % on the whole transaction?​

Answer 1

Answer:

C. P. of gaining 20% on one=Rs.3600

and lossing 20% on one=Rs.2400

profit=4%

Explanation:

on gaining

3000*20/100=600

C. P. =3000+600=3600

on lossing

=3000*20/100=600

C. P. =3000-600=2400

Profit=20*20/100=4%