Question

A shopkeeper sells two watches for rs.308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was? Select one: a. 32/25 % loss b. 111/25% loss c. 111/25 % gain d. 32/25% gain

Answer 1

Answer:

Step-by-step explanation:

Find Cost price 1st watch

308*100/ 112

Cp: 275

Cp of 2nd watch

308*100/88

Cp: 350

Total Cost price is 350+275= 625

Total selling price is 308+308=616

Cp-sp = loss

Loss = 9

Loss % = 9*100/625 = 36/25 loss it should be the answer kindly check and confirm. Thanks