Question

A shopkeeper sold pairs of jeans for each ,gaining 20%on one and losing 20% on the other .find his gain or loss
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Answer 1

Answer:

Step-by-step explanation:

20% Means that if CP is 100

Then profit is 100

& SP = 100 + 20 = 120

Therefore , CP = 100/120 * 720 = 600

CP of Jeans 2 = 720

Loss% = 20

SP = 100 -20 = 80

CP = 100/80 * 720 = 900

TOTAL CP = 600 + 900 = 1500

TOTAL SP = 720 + 720 = 1440

1500 > 1440

CP > SP

Therefore Loss

Loss% = loss/CP * 100

= 60/1500 * 100 = 4% {answer}