A men sells two radios for ₹4000each. for one he gets a gain of 20% and for the other a loss of 20%. find his total loss or gain in the whole transaction
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Answer:
16
Step-by-step explanation:
Solution
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Correct option is
A
16%
For the first article,
SP=Rs 4000
Given, Profit=40 %
=>
CP
SP−CP
×100=40
=>
CP1
4000−CP1
×100=40
=>4000−CP1=0.4CP1
=>1.4CP1=4000
=>CP1=
1.4
4000
=
7
20,000
For the second article,
SP=Rs 4000
Given, Loss=40 %
=>
CP
CP−SP
×100=40
=>
CP2
CP2−4000
×100=40
=>CP2−4000=0.4CP2
=>0.6CP2=4000
=>CP2=
0.6
4000
=
3
20,000
So, Total SP of the two articles =Rs4000+Rs4000=Rs8000
Total CP the two articles =Rs
7
20,000
+Rs
3
20,000
=Rs
21
2,00,000
=9523.81
As total CP> SP, there is a loss
So, Loss =
CP
CP−SP
×100=
9523.81
9523.81−8000
×100=16 %
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