Question

A man sold two gas stoves for Rs.8400 each. He sold one at a gain of 20%. Find his gain or loss % in the whole transaction

Answer 1

Answer:

omission in the Qn pls clear

Answer 2

Answer:

His loss is 4%.

Step-by-step explanation:

Consider the provided statement

If you have two things, and the selling price of each things are same. You get x% profit and x% of loss after selling them.

In that case you will always loss money.

The formula for loss % is: $(\frac{x}{10})^2$

Where x is the % loss and gain(loss and gain % must be same)

Now consider the provided information.

The loss and gain are same i.e 20% so substitute the value of x=20 in above formula.

$(\frac{20}{10})^2=4\%$

Hence, his loss is 4%.