A man sold two watches for 5568 each, one at a profit of 16% and other at a loss of 20%
b. Does the man gain or lose in the whole transaction?
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Answer:
the man got loss in whole transaction.
Step-by-step explanation:
cost of first watch with 16% profit:- Cost+profit
5568+5568x16/100
=5568+890.88
= 6458.88rs
cost of second watch with 20% loss:- cost+loss
5568-5568x20/100
5568-1113.6
= 4454.4rs.
Total cost:- 5568+5568=11136
total selling price:- 10022.4rs
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