Question

Ankit sold two jeans for 990 each. On one he gains 10% and on the other he lost
10%. Find his gain or loss per cent in the whole transaction.​

Answer 1

Answer:

SP of one fan = Rs 990

Gain percentage = 10%

SP of the other fan =Rs 900

Loss percentage = 10%

Total CP of the two fans = Rs (900 + 1100) = Rs 2000

Total SP of the two fans = Rs (990 + 990) = Rs 1980

Since CP >SP, there is a loss in the whole transaction.

Now, loss = Rs (2000 − 1980) = Rs 20

Hence, the shopkeeper incurs a loss of 1% in the whole transaction.