A shopkeeper purchased purchased sugar worth of rupees 800 . he sold 3/4th at a loss of 10percent and the remaining gain of 10 percent . find his loss or profit percent on the whole transaction.
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Answer:
5% loss
Step-by-step explanation:
Original Cost = Rs 800
Find the amount that was sold at a loss:
Sold at a loss = 3/4 x 800
Sold at a loss = Rs 600
Find the amount that was sold at a gain:
Sold at a gain = Rs 800 - Rs 600
Sold at a gain = Rs 200
Find the loss incurred:
Loss = 10% x Rs 600
Loss = 0.1 x 600
Loss = Rs 60
Find the gain:
Gain = 10% of Rs 200
Gain = 0.1 x 200
Gain = Rs 20
Find the total selling Price:
Selling Price = Rs800 - Rs60 + Rs 20
Selling Price = Rs 760
Find the loss:
Loss = Rs 800 - Rs 760
Loss = Rs 40
Find the loss percentage:
Loss Percentage = 40/800 x 100
Loss Percentage = 5%
Answer: 5% loss
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