Question

Arit is a scooter mechanic. He sold two scooters at Rs. 6,000 each. On one he gained 20%

and on other he lost 20%. What was his gain or loss in the whole transaction?​

Answer 1

Step-by-step explanation:

ANSWER

SP =Rs.12000

Profit =20%

∴ CP=

120

100

×12000=Rs.10000

SP =Rs.12000

Loss =20%

∴ CP=

80

100

×12000=Rs.15000

∴TotalCP=Rs.10000+Rs.15000=Rs.25000

And, ∴TotalSP=Rs.12000×2=Rs.24000

∴Loss=Rs.25000−Rs.24000=Rs.1000