Ankit sold two jeans for RS 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 = Rs990
Gain % = 10%
CP = SP×100/100+G%
= 990×100/100+10
= 900
Case of second jeans
SP of jeans = Rs990
Loss % = 10%
CP = SP×100/100-L%
= 990×100/100-10%
= 1100
So,
Total CP = Rs(900+1100)
= Rs 2000
Total SP = Rs(990+990)
= Rs 1980
Since, SP<CP
So, Loss = CP-SP
= 2000-1980
= Rs 20
Loss % = Loss/CP×100
= 20/2000×100
= 1%
HENCE HIS LOSS PERCENTAGE IN THE WHOLE TRANSACTION IS 1%
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