Question

Anvesh bought an electric iron for Rs.900 and sold it at a gain of 10%. He sold another electric iron at 5% loss which was bought for Rs.1200. Find the gain or loss percent on the whole transaction?

Answer 1

Answer:

(110/100)*900 + (95/100)*1200

990 + 95*12

990+1140=

2130

1200+900=2100

so it is a gain

(30/2100) * 100

3000/2100

30/21

10/7

1.4% gain