a man sold two cars of Rs240000 each on one ar hegained 20% and on the other car he lost 25%onthe whole Transaction did he get profit or loss ?how much ? Give reason
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Answer:
A man sold 2 cars each for Rs. 240000
SP of 1st car = 240000
Profit % = 20 %
So,the SP = 240000 + 240000 * 20 / 100
= 240000 + 48000
= 288000
Profit = 48000
SP of 2nd car = 240000
Loss % = 25 %
So, the SP = 240000 - 240000 * 25 / 100
= 240000 - 60000
= 180000
Loss = 60000
Profit gained = 48000
Loss occurred = 60000
Therefore, he had a loss of 12000
As the profit gained was less than the loss..therefore,it was a loss
HOPE THAT IT WAS HELPFUL!!!!
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