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.
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Answer:
His loss per cent in the whole transaction is 1%
Step-by-step explanation:
Case of first jeans
SP of jeans = Rs.990
Gain% = 10%
Case of second jeans
SP of jeans = Rs.990
Loss% = 10%
So, Total CP = Rs.900+Rs.1100=Rs.2000
Total SP = Rs.990+Rs.990=Rs.1980
Since SP<CP
So, Loss
Loss = CP-SP = Rs.2000-Rs.1980=Rs.20
Loss% =
Loss% =
Loss% =
Hence his loss per cent in the whole transaction is 1%
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