Question

A man sold two tv sets for 4800 each.Gaining 20% on one and losing 20% on the other set.Find his net gain or loss

Answer 1

⚡Hey mate⚡

✨Here is your answer✨

Selling price = 4800 + 4800

Selling price = 9600

Now 1st we calculate profit

Man sold a TV 4800 rupees on gaining 20%

It means that 4800 rupees equal to 120 % of cost price

because 100 % cost price + 20 % profit

If 120 % equal to 4800 then 100 % is

120 % =4800

1 % = 4800 ÷ 120

1 % = 40

100 % = 40 × 100

100 % = 4000

1st cost price is 4000 rupees

Now we calculate loss

A man a another TV 4800 rupees for a loss of 20 %

It means that 4800 rupees is equal to 80 % of cost price

Because 100 % cost price - 20 % loss = 80 %

If 80 % equal to 4800 then 100 % is

80 % = 4800

1 % = 4800 ÷ 80

1 % = 60

100 % = 60 × 100

100 % = 6000

2nd cost price is 6000

Total cost price = 4000 + 6000

Total cost price = 10000

Selling price = 9600

Loss = cost price - selling price

Loss = 10000 - 9600

Loss = 400

Loss % = loss ÷ cost price × 100

Loss % = 400 ÷ 10000 ÷ 100

Loss % = 4

Your answer is 4%.


I hope it's helpful for you. Thank you ❤️❤️

Answer 2

the man have loss =
$\frac{x}{20} \div \frac{20}{100} = \frac{400}{100} = 4$

the man have loss of 4%