A second hand car and jeep were sold for ₹120000 the car was sold at a loss of 20‰ while the jeep at a gain on 20‰. What was tha over all gain or loss
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2
120000 upon 20% multiply and that side 20% then you cut 12000
20 then zero and is cut nohar is coming 1200 multiply by by 20% now answer is come 2400
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Solution,
Let X be the buying price of car and Y be the buying price of jeep..!
20% of X = X/5
Selling price of car = Buying price of car - loss = 120000
X - X/5= 120000
(5X-X) /5 = 120000
4X = 120000 × 5
X = (12000 × 5)/4
X = 150000
Hence, Buying price of car is 150000
Now, for the jeep!!
20% of Y = Y/5
Selling price of jeep = Buying price of jeep + profit = 120000
Y + Y/5 = 120000
6 Y = 120000
Y = 100000
Hence, Buying price of jeep is 100000.
Total buying price = 250000
Total selling price = 240000
Loss is ==>> 100000
i. e, 40%....!
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