Question

A person sold two chairs for rupees 990each .On one he gain 10℅ on other he lost 10℅ ,which of following in incorrect.

Answer 1

Answer here

________________❤❤

In this type of transaction always loss is occurred

so,

loss℅ => {gain /10}^2

=>{10/10}^2

=>1℅

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the incorrect statement is =>loss of 10℅

,because the loss is 1℅

____________hope helps ❤

Answer 2

To find gain or loss percent following formula is used

= profit - loss - proft *loss/100

Now putting in formula we get

= 10 - 10 - 10*10/100

= - 1%

minus sign indicate loss of 1%

Now total loss =1 980/100= 19.8 rupee