A shopkeeper sold two pairs of jeans for * 720 each, gaining 20% on one and losing 20% on the other
Find his gain or loss%
Answers
Answer:
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CP of Jeans 1 = 720
Profit % = 20 %
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
Profit % = 20 %
Profit % = 20 % 20% Means that if CP is 100
Profit % = 20 % 20% Means that if CP is 100 Then profit is 100
Profit % = 20 % 20% Means that if CP is 100 Then profit is 100 & SP = 100 + 20 = 120
Profit % = 20 % 20% Means that if CP is 100 Then profit is 100 & SP = 100 + 20 = 120Therefore , CP = 100/120 * 720 = 600
short form.
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CP of Jeans 2 = 720
CP of Jeans 2 = 720Loss% = 20
CP of Jeans 2 = 720Loss% = 20SP = 100 -20 = 80
CP of Jeans 2 = 720Loss% = 20SP = 100 -20 = 80CP = 100/80 * 720 = 900
CP of Jeans 2 = 720Loss% = 20SP = 100 -20 = 80CP = 100/80 * 720 = 900TOTAL CP = 600 + 900 = 1500
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}
ok
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