Question

Aditys sells his two cycles at the rate of Rupees500 each.
On one cycle he gains 6 %. while on other cycle the incurs
a loss of 6%. Find his total loss/gain in whole transaction.​

Answer 1

Answer:

His total loss in whole transaction = Rs 4

Step-by-step explanation:

o Find:

His total loss/gain in whole transaction.

Formula used:

CP = (SP × 100)/(100 + Gain%)

CP = (SP × 100)/(100 - Loss%)

First finding the CP at gain of 6%:

→ CP = (SP × 100)/(100 + Gain%)

→ CP = Rs. (500 × 100)/(100 + 6)

→ CP = Rs. 50000/106

→ CP = Rs. 472 (approx.)

Now finding the CP at loss of 6%:

→ CP = (SP × 100)/(100 - loss%)

→ CP = Rs. (500 × 100)/(100 - 6)

→ CP = Rs. 50000/94

→ CP = Rs. 532 (approx.)

Total selling price = Rs (500 + 500)

Total selling price = Rs 1000

Total cost price = Rs (472 + 532)

Total cost price = Rs 1004

Here, Cost price is greater than the selling price.

So, Loss.

Loss = CP - SP

Loss = Rs (1004 - 1000)

Loss = Rs 4