Question

A person sells two machines at rs. 396 each. on one he gains 10% and on the other he loses 10%. his profit or loss in the whole transaction is :

Answer 1

Explanation:

Here S. P. is same for both the machines. Hence there will be always a loss in this situation.

Required loss=10×10/100=1%

Answer 2

loss =cp -sp so,loss =4.4then loss %=4.4/796.4×100=1%