Question

A trader sold two scooters for ₹20,000 each. He gained 25% on the first one and lost 20% on the second one. Find his total gain (or) loss percent.

Please solve this with steps

I have the formula
When sp and g% are given then
Cp=sp×100/100+g

I think this is the formula I don't know but please answer this please

Answer 1

Answer:

it's loss

Step-by-step explanation:

20,000/2

=10,000

s.p.=100+25/100*10,000

12500

s.p=100-20/100*10,000

8000