Question

A used car dealer sold two cars for RS 4.5 lakhs each. He incurred a loss of 20% on one while on the other; he made a profit of 20%. Find the net profit or loss percent.​

Answer 1

On selling car on profit % and loss % , There is net 4% loss.

Step-by-step explanation:

Given as :

The selling price of two cars = 4.5 lakh each

The loss % on one = 20%

The profit % on other = 20%

Let The net profit % of loss % = x

According to question

x = loss % on one + profit % on other + \dfrac{loss percentage on one\times profit percentage on other}{100}

100

losspercentageonone×profitpercentageonother

or, x = - 20 % + 20 % - \dfrac{20\times 20}{100}

100

20×20

or, x = 0 - \dfrac{400}{100}

100

400

∴ x = 4 % loss

Hence, on selling car on profit % and loss % , There is net 4% loss. Answer

I hope its helps you and follow me and mark me Brainlist and i have followed you please follow me back please