Question

Ajith sold two bikes for Rs. 1,500 each. On one he gains 25% and on the other he loses 20%. His gain or loss percent
in the whole transaction is?
.
2.841% gain
2.439% loss
2% gain
2.112% loss​

Answer 1

Answer:

I think gain%=2.841% or 2%

Step-by-step explanation:

Please mark my answer as brainliest

Answer 2

Overall there was 2.439% loss.

Given - CP, Profit and loss

Find - Overall gain or loss

Solution - Firstly taking the case of profit

SP = Rs. 1500

CP = 100*SP/(100+P%)

CP = 1500*100/(100+25)

CP = Rs. 1200

Now, taking the case of loss

SP = Rs. 1500

CP = 100*CP/(100-L%)

CP = 1500*100/(100-20)

CP = Rs. 1875

Total SP = 1500 + 1500

Total SP = Rs. 3000

Total CP = 1875 + 1200

Total CP = 3075

Since CP is greater than SP, there was overall loss.

Overall loss = Loss*100/CP

Overall loss = (3075-3000)*100/3075

Overall loss = 2.439%

Hence, overall there was 2.439% loss.

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