Question

. A shopkeeper sells two T.V. sets for Rs. 20,000 each. On one he gains 15% and on the other he loses 15%. Then, the shopkeeper’s gain or loss is

Answer 1

20000*115/100=23000
20000*85/100=17000

23000+17000=40000
no loss and no gain

Answer 2

Answer: 2.25%

Step-by-step explanation:

NetLoss% = Loss% × Profit% ÷ 100

Loss = 0.15 × 0.15 ÷ 100

Loss = 225/100

Loss = 2.25%