Question

Amit bought an electric iron for Rs 900 and sold it at a gain of 10%. He sold another electric
iron at 5% loss which was bought Rs 1000. On the transaction he has a

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Answer 1

Answer:

Step-by-step explanation:

Avinash bought an electric iron for = ₹900He sold it, at 10% profit.

So, selling price of the electric iron = 10/100×900 +900

= ₹ 990

He also sold another electric iron at 5% loss.

Cost price of another electric iron = ₹ 1200

So,

selling price of the electric iron = 1200-5/100×1200

= ₹ 1140

Total amount paid by Avinash for purchasing electric irons = ₹900 + ₹1200 = ₹2100

Total received amount = ₹990 + ₹1140 = ₹ 2130

So,

his profit = ₹ 2130 - ₹ 2100 = ₹ 30 in transaction.