A shopkeeper sold two tables for 7 1485 each. On one he gains 10% and on the
other he loses 10%. His gain or loss % in the whole transaction is
(a) 1% loss
(b) 1% gain (c) neither gain nor loss (d) 4% gain
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Answer:
Answer:
Rs 30 loss
Explanation:
If a person sells a table at Rs 1485 and suffers a loss of 10per cent
Then the price at which the person bought the table for is
cost price= (selling price)*100/loss(or profit) {if loss is in per cent}
therefore by this method the cost price of 1st table is 1650
and 2nd table is is 1350 which is a sum of 3000 rupees
but the shopkeeper earned just 2970 rupees(1485 * 2)
therefore 30 rs loss is incurred
Explanation:
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