Question

A trader sells two articles at 6000 each.He makes profit of 20% on the sale of the first article and loss of 10% on the sale of second article. What is his overall gain or loss percent ?

Please Answer Fast and Don't Spam ​

Answer 1

Answer:

His net loss is 4%

Step-by-step explanation:

Case 1:

SP of 1 article = 6000

Gain = 20%

\begin{gathered}CP = \frac{SP \times 100}{(100+P\%)}\\CP=\frac{6000 \times 100}{(100+20)}\\CP=5000\end{gathered}CP=(100+P%)SP×100CP=(100+20)6000×100CP=5000

Case 2:

SP of 1 article = 6000

Loss = 20%

\begin{gathered}CP = \frac{SP \times 100}{(100-P\%)}\\CP=\frac{6000 \times 100}{(100-20)}\\CP=7500\end{gathered}CP=(100−P%)SP×100CP=(100−20)6000×100CP=7500

Total SP = 6000+6000=12000

Total CP = 5000+7500=12500

CP>SP

So,Loss

\begin{gathered}Loss\%=\frac{CP-SP}{CP} \times 100\\Loss\%=\frac{12500-12000}{12500} \times 100\\Loss\%=4\%\end{gathered}Loss%=CPCP−SP×100Loss%=1250012500−12000×100Loss%=4%

Hence his net loss % is 4%

Answer 2

Answer:

10% Profit

Step-by-step explanation:

Take out 20% of Rs. 6000 = 6000÷100×20 = Rs.1200

Take out 10% of Rs. 6000 = 6000÷100×10 = Rs. 600

Subtract both = Rs. 1200

-Rs. 600

=Rs. 600

Take out what is Rs. 600 percent of Rs. 6000 = 600÷6000×100 = 10%