Question

. A man sold two watches for 5568 each, one at a profit of 16% and other at a loss of 20%. Find the cost price of the two watches. Does the man gain or lose in the whole transaction? C. How much is the gain or loss?​

Answer 1

Answer:

If two items are sold for same price, one at gain of r%, then there is an overall loss of

100

r

2

%.

Here a man sold two watches each for Rs. 495. He has gained 10% on one watch and loss at 10%, then

Loss % =

100

10×10

%= 1%