A property dealer sold two houses eash of 2000000 out of which he gained 20 % in one house and lost 20% in another house . find the total gain or loss the transaction and also find the gain percent and loss percent?
Answers
Answered by
2
Answer:
there is no loss of profit because he gained 20% and loss 20%
I hope it's help you
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Answered by
6
Answer:
Loss = 3.99%
Step-by-step explanation:
Total SP = 4000000
1st Case
Profit = 20%
SP = CP1 × (100 + Profit%) / 100
2000000 = CP1 × (100 + 20) / 100
CP1 = 2000000 × 100 / 120
CP1 = 20000000 / 12
2nd Case
Loss = 20%
SP = CP2 × (100 - Loss%)/ 100
CP2 = 20000000 / 8
Total CP = CP1 + CP2
= 4166666.66
Total loss = 166666.66
Loss % = Loss × 100 / CP
Loss % = 3.99%
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