a motorcycle and scooter was sold for rupees 12000 each .the motorcycle was sold at a loss of 20% of the cost and the scooter at a gain of 20% of the cost .the entire transaction resulted in
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motorcycle was sold at a loss of 20% so it's coat will be 12000×100÷80=15000
and scooty was sold at a gain of 20% then cost of scooty will be 12000×100÷120=10000
so the entire transaction resulted in loss
cost of both-selling price of both=
25000-24000=1000×100÷25000=4% loss
there is loss of 4%
and scooty was sold at a gain of 20% then cost of scooty will be 12000×100÷120=10000
so the entire transaction resulted in loss
cost of both-selling price of both=
25000-24000=1000×100÷25000=4% loss
there is loss of 4%
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