Question

a man sold two Steel chair for 500 each on one he gain 20% and other he lost 12% how much does he gain or loss in the whole of transaction​

Answer 1

Answer:

CP of first chair = 500/1.25 = Rs 400

CP of second chair = 500/0.8 = 5000/8 = Rs 625

Total cp = Rs 1025.

Total SP = 2*500= 1000

loss = 1025-1000 = Rs 25

He gains: 

1st chair: S.P1= 125% of C.P 

i.e, S.P1 = 125/100 * 500 = 625 Rs.

now,

2nd chair: S.P2 = 80% of C.P

i.e S.P2 = 80/100 * 500 = 400 Rs.

So, Finally S.P of 2 chair; S.P1 + S.P2 = 625+400 = 1025 Rs.

Therefore, Gain = 1025 - (500*2) = 25 Rs. ----- Ans

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Answer 2

Answer:

Step-by-step explanation:500 + 20+12 32 the answer is 32