. A shopkeeper bought two bikes ₹ 40,000 each. He sold one at a profit 20% and
other at a loss of 10% . Find the gain or loss on the whole transaction.
Answers
Answer:
gain or profit = 4000
Step-by-step explanation:
1st bike
40000 × 20 / 100 =8000
gain = 8000
selling price = 48000
2nd bike
40000 × 10/100= 4000
loss = 4000
selling price = 36000
selling price of 1st + 2nd bike = total s.p.
48000 + 36000 = 84000
84000- 80000 =4000
Answer:
Not a bad question let's start
Two articles for 1000 each
For first article
30% profit or gain means. SP = cost price + 30%of CP(cost price)
=1000 + 30/100 ×1000
=1000 +300 =1300
Similarly for
Second article
20% loss means SP (SELLING PRICE)=1000(CP)- (subtracting because it is loss) 20% of CP
= 1000–200(20% of CP) =800
now you asked overall gain or loss
So total money spend =1000+ 1000
total money get = 1300 + 800 =2100
So clearly it is profit or gain Bravo!
Now how much profit you gain
=total money get- total money spend
=2100 - 2000= 100
now gain percentage =profit ÷CP×100=100 /2000×100=5% gain
Now give me party for your 5%profit