Ankush sells two laptops for INR 42000 each. If he makes a loss of 20% on one of his laptops and a profit of 20% on the other one, find the total loss or profit percentage in this transaction. Mark for Review
Answers
Step-by-step explanation:
solution - For first laptop
sp - 42000
loss% - 20
so we need cost price
CP -( 100/100-20 ) ×sp
CP - 52500
similarly
solution - for other laptop
sp - 42000
profit% - 20
cp - ?
CP - ( 100/100+20 )×sp
CP - 35000
total cp we have calculated is 52500+35000
= 87500
total sp will be 42000×2 = 84000
therefore total SP is less than total CP
so we need to calculate loss
loss = CP - SP
loss = 87500 - 84000
loss = 3500
now we will find loss%
loss% = ( loss/Cp )×100
3500/87500 × 100
after solving we get 4
and 4% loss is our answer
hope you get it
here is the simplest method
if a person sells two similar articles at gain% of X and other is loss% of X
so you can calculate by this method
= x × x ÷ 100
= 20 × 20 ÷ 100
= 4 answer