Question

A trader sold two fans at 1980each if he gets a profit of 10%an one and a loss of10%on the other find his overall gain or loss percent

Answer 1

Answer:

1% loss

Step-by-step explanation:

This can be solved in two methods

1) If the Selling price of the 2 articles  are same.The one gain percent is equal to the one loss percent,then the percentage change is %*%/100=always loss

A trader sold two fans at 1980 each if he gets a profit of 10% an one and a loss of 10%on the other find his overall gain or loss percent

                                          (10*10)/100=1%

2)A trader sold two fans at 1980 each if he gets a profit of 10%

                             SP is  110%=1980

                              CP is  100%=1800

  and loss of 10%

                            SP is 90%=1980

                           CP is 100%=2200

SP=1980+1980=>3960

CP=1800+2200=>4000

Loss=CP-SP

       =4000-3960

       =40

Loss %= Loss/CP*100

           =40/4000*100

           =1%