Question

A salesman sold 2 bikes fr 18000 each . On other bike he gained 20%other he lost 20 %.Find the total lost or gain

Answer 1

Step-by-step explanation:

SP for 1 Bike= 18000

GAIN % for 1 Bike= 20%

THEREFORE Cost Price

= SP × 100 ÷(100+GAIN %)

= 15000

SP for the 2nd BIKE =18000

LOSS% = 20%

THEREFORE COST PRICE

=SP×100÷ (100-LOSS%)

=4500

TOTAL SP= 18000+18000

=36000

& TOTAL CP= 15000+45000

=60000

Since CP is Greater than SP

Therefore there is LOSS

LOSS = CP - SP

=60000-36000

=24000 Answer

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