A shop owner sells two puppies at the same price making a profit of 20percent on one and a loss of 20percent on the other. Find his loss or gain percent on the whole transaction
Answers
Answer:
in such type of question only loss occurs...
Step-by-step explanation:
(common loss or profit)square/100
20 square/100
loss of 4%...
hope it helps
Answer:
Loss or gain percent on the whole transaction = 0.
Step-by-step explanation:
The profit percentage made by selling the first dog is given as 20%, while the loss percentage made while selling the second dog is given as 20%.
Let the cost price of both the dogs be Rs. 100 each. The total cost price will be Rs. 200.
The selling price of the first dog will be:
SP = CP + profit
= Rs. 100 + 20% of 100
= Rs. 100 + 20
= Rs. 120
The selling price of the second dog will be:
SP = CP - loss
= Rs. 100 - 20% of 100
= Rs. 100 - 20
= Rs. 80
The total selling price will be:
= Rs. 120 + 80 = Rs. 200
Since total CP = total SP, no gain or loss is made on the whole transaction, thus:
Loss or gain percent on the whole transaction = 0.