A seller sold two trousers of 900 each. on one ,he gains 10% and the other, he lost 10% . Find total loss or gain.
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Find selling price of 2 pairs of trousers:
1 pair of trousers = 900
2 pairs of trousers = 900 x 2 = 1800
.
Find the cost price of the one he sold with a gain of 10%:
100 + 10 = 110%
110% = 900
1% = 8.18
100% = 8.18 x 100 = 810
.
Find the cost price of the one he sold with a loss of 10%:
100 - 10 = 90%
90% = 900
1% = 900 ÷ 90 = 10
100% = 10 x 100 = 1000
.
Find total cost price:
Cost price = 1000 + 818 = 1818
.
Find loss:
loss = 1818 - 1800 = 18
loss percentage = 18/1818 x 100 = 0.99%
.
Answer: The total lost for this transaction is 0.99%
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