Question

A shopkeeper sold two tables for 1,500 each. On one he gained 20% and on the other he lost 20%.
Find the loss or gain per cent in the whole transaction​

Answer 1

Selling price of each table = Rs 1500

Price of 2 tables=3000

First table he made 20% profit,

so cost price = 100/120 *1500 = Rs 1250

Second table he lost 20% ,

so cost price = 100/80 *1500 = Rs 1875

Total cost = 1250 +1875 = Rs 3125

Total sale = 1500 +1500 = Rs3000

Loss =125

Loss % = 125/3125 *100 = 4%

Answer 2

Answer:

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