Question

A man sold two paintings at 924 each. On one he gains 20% and on the other he loses 20% How much
does he gain or lose in the whole transaction ?
ballon​

Answer 1

Loss = 77

Let c.p. of one painting be x and y

of another.

Then s.p of one painting = 80x/100 = 120y/100 = 924

Solve for x and y.

Then 924 × 2 =1848 (S.P)

x + y = 1925 (C.P)

Loss = C.P - S.P

= 1925 - 1848

= 77