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.
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Answer 1

Answer = 20/200 × 100

= 1%

Answer 2

Answer:

No Profit No loss

Step-by-step explanation:

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