Ankit sold to jeans for rupees 990 each on one he gains 10% and on other he lost 10% find his gain or loss percent in the whole transaction
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Total Pairs of Jeans Ankit had = 2
Cost of each pair = Rs. 990
Now, let's calculate the amount for the first pair.
C.P = Rs.990
Profit = 10%
Hence profit = Rs.99
So, the final price will be Rs.990 + 99 = 1089
Now, calculation for the 2nd pair of jeans
C.P = Rs.990
Loss = 10%
Hence, loss = Rs.99
So, the final price will be Rs.990 - 99 = 891
Now, verify profit or loss
Price of 1st pair + Price of 2nd pair = 1089 + 891 = 1,980
Original price of 1st pair + Original price of 2nd pair = 990 + 990 = 1,980
S.P = C.P,
Hence , no profit no loss
Hope this answer helps you
Cost of each pair = Rs. 990
Now, let's calculate the amount for the first pair.
C.P = Rs.990
Profit = 10%
Hence profit = Rs.99
So, the final price will be Rs.990 + 99 = 1089
Now, calculation for the 2nd pair of jeans
C.P = Rs.990
Loss = 10%
Hence, loss = Rs.99
So, the final price will be Rs.990 - 99 = 891
Now, verify profit or loss
Price of 1st pair + Price of 2nd pair = 1089 + 891 = 1,980
Original price of 1st pair + Original price of 2nd pair = 990 + 990 = 1,980
S.P = C.P,
Hence , no profit no loss
Hope this answer helps you
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