Question

A man sold two toasters for ruppes 900 each on one toaster he gains 20%profit and on other he loses 20% how much does he gain or loss on whole transaction ? Find profit or loss percent on whole transaction

Answer 1

Answer:

0%

Step-by-step explanation:

CP of each toaster = Rs. 900

SP of first toaster = 900 * 1.2 = Rs. 1080

SP of second toaster = 900 * 0.8 = Rs. 720

Total CP of both toasters = Rs. 1800

Total SP of both Toasters  = Rs. 1800

Profit = SP - CP = 0.

There is no profit or loss in the whole transaction

Answer 2

Answer: Neither profit nor loss

Step-by-step explanation:

CP of one toaster = Rs. 900

CP of two toaster = Rs. 1800

There is a profit of 20% on first toaster

$SP= 900+ 20\% \text { of } 900 = 900+ \dfrac{20}{100} \times 900 = Rs. 1080$

There is a loss of 20% on second toaster

$SP= 900- 20\% \text { of } 900 = 900- \dfrac{20}{100} \times 900 = Rs. 720$

Total SP = 1080+ 720 = Rs. 1800

CP = SP

Hence, there is neither profit nor loss on whole transaction