Question

a shopkeeper sold two cycles at 1100 per cycle on he got 10% profit and on other he got 20%loss. find the profit or loss and also percent

Answer 1

SP of lst cycle = ₹2,376
Gain = 10 %
CP = SP×100/100+Gain %
= 2,376×100/100+10
= 2,376×100/110
= ₹2,160
SP of 2nd cycle = ₹2,376
Loss = 10 %
CP = SP×100/100-Loss %
= 2,376×100/100-10
= 2,376×100/90
= ₹2,640
Total CP of both cycles = ₹(2,160+2,640)
= ₹4,800
Total SP of both cycles = ₹(2,376×2)
= ₹4,752
Loss = CP - SP
= ₹(4,800-4,752)
= ₹48
Loss % = Loss/CP × 100
= 48/4,800×100
= 1 %.


Hope it helps you.
With regards
adarsh3790