Question

A trader sells two cycles at ₹1188 each,gaining 10% on the first cycle and losing 10% on the second cycle. what is the profit or loss in the hole transaction

Answer 1

Cost of two cycles each = ₹1188
Loss % on 1st cycle = 10 %
Profit % on 2nd cycle =10%
Sp of 2nd cycle in 10% profit =100×1188÷100+10
CP =1188×100÷110 = 108×10= ₹1080
Sp of 1st cycle in 10%profit = ₹1080
CP =1188×100÷90= ₹1320
Total CP = 1320+1080 = ₹2400
Total sp = ₹2376
Loss =2400 - 2376 = ₹24 loss in 2nd cycle
Loss %= L×100/cp =24×100/2400
Loss % =1%

Answer 2

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