Question

A man sold two radios for Rs.5000 each. On one he gets a gain of 10% and on other a loss of 10%. Find his total gain or loss in the whole transaction

Answer 1

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Answer 2

A man sold two radios for Rs.5000 each. On one he gets a gain of 10% and on other a loss of 10% . Then his loss is 1 %

Solution:

In the case where loss and gain percentage is common on same selling price, always a loss incurs in total deal

This loss is given as:

$loss \% =( \frac{ \text{ Common loss or gain percentage }} { 10 } )^2 \%$

Common loss or gain percentage = 10 %

Therefore,

$loss \% = (\frac{10}{10})^2 \% \\\\loss \% = 1 \%$

Thus his loss is 1 %

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