Question

A trader sells two items at the rate of rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in rs) of loss

Answer 1

Answer:

rs.18

Step-by-step explanation:

If by selling any two articles at same price, there is a profit of r% on one and a loss of r% on the other article.

Then there is always a loss of (r²/100)% in this transaction

so here gain = 15% and loss= 15%

so overall loss% = 225/100= 2.25%

overall loss in rupees = 800*2.25%= 18 rupees