Amit sells two scooters at 35,000 each. He gains 25% on one scooter and on the other he loses 25%. How much does he gain or lose in the whole transaction?
I have the final answer, which is 6.25% loss. But I dont have the method.... Id like to know the method please...
Thank you
Answers
Answered by
7
➪S.P of 1 st scooter = 35000
➪Profit = 25%
C.P of 1 st scooter = sp × 100 (100 + profit)
➪35000×100/(100+25)
➪35000×100 /125
➪28000
S.P of 2nd scooter = 35000
- Loss = 25%
C.P of 2nd scooter = sp×100/(100-loss)
➪35000×100/(100-25)
➪35000×100/75
➪46667
Total C.P = (46667+28000) = 74667
Total S.P = (35000+35000) = 70000
Loss = (74667-70000) = 4667
Loss % = (loss/cp×100) = 4667/74667 ×100 = 6.25%
Answered by
6
Step-by-step explanation:
➪S.P of 1 st scooter = 35000
➪Profit = 25%
C.P of 1 st scooter = sp × 100 (100 + profit)
➪35000×100/(100+25)
➪35000×100 /125
➪28000
S.P of 2nd scooter = 35000
Loss = 25%
C.P of 2nd scooter = sp×100/(100-loss)
➪35000×100/(100-25)
➪35000×100/75
➪46667
Total C.P = (46667+28000) = 74667
Total S.P = (35000+35000) = 70000
Loss = (74667-70000) = 4667
Loss % = (loss/cp×100) = 4667/74667 ×100 = 6.25%
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