Question

a man sold two bicyclesfor 6000 each gaining 20 percent on the one and losing 20 percent on the other .Find his gain or loss percent on the whole transaction

Answer 1

Answer:no profit and no loss

.

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Answer 2

$\pink{\bigstar}$ There is no gain or loss % on the whole transaction!

• Given :-

A man sold two bicycles for ₹6,000.

Gaining 20% on one and losing 20% on the other.

• To Find :-

Gain or loss % on the whole transaction.

• Solution :-

$\quad\small{\bf{\dag\:{\underline{In\: 1^{st} \:case\::}}}}$

➪ㅤ$\sf Profit = 20\% \:of \:6000$

➪ㅤ $\sf Profit = \dfrac{20}{100} \:\times\:6000$

➪ㅤ $\sf Profit = \dfrac{20}{1\cancel{00}} \:\times\:60\cancel{00}$

➪ㅤ $\sf Profit = 20\:\times\:60Profit=20×60$

$\bigstar\quad\underline{\underline{\bf{\red{ Profit = Rs.\:1,200}}}}$

$\quad\small{\bf{\dag\:{\underline{In\: 2^{nd} \:case\::}}}}$

➪ ㅤ$\sf Loss = 20\% \:of \:6000Loss=20%of6000$

➪ ㅤ$\sf Loss = \dfrac{20}{100} \:\times\:6000$

➪ㅤ $\sf Loss = \dfrac{20}{1\cancel{00}} \:\times\:60\cancel{00}$

➪ㅤ $\sf Loss = 20\:\times\:60$

$\bigstar\quad\underline{\underline{\bf{\red{ Loss = Rs.\:1,200}}}}$

Since, in both cases value of profit and loss are same. Hence, there is no gain or loss % on the whole transaction.