A man sold two radios at Rs.4800 each. On one he gains 20% and on the other he loses 20%. Find the gain or loss percent in the whole transaction.
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Answer:
loss =4%
Step-by-step explanation:
Total sp= 4800*2=9600
First radio
He sold at gain of 20%
cp=(4800*100)/120
=4000
Second radio
He sold at loss of 20%
cp=(4800*100)/80
=6000
Total cost price= 10000
Total sp=9600
Loss=400
Loss%=(400*100)/10000
Loss%=4%
Hope it helped.
Thanks.
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