avanish bought an electric iron for 900 rupees and sold it at a gain of 10precent find sp
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Step-by-step explanation:
Avinash bought an electric iron =Rs.900
After sometime he sold it, at profit =10%
Now, the selling price of the electric iron =
100
10
×900+900=Rs.900
Also, he sold another electric iron at loss =5%
The cost price of another electric iron =Rs.1200
Now, the selling price of the electric iron =
1200−
100
5
×1200=Rs.1140
Net amount paid him for the purchasing electric irons =Rs.900+Rs.1200=Rs.2100
Net amount received =Rs.990+Rs.1140=Rs.2130
So, avinash's profit =Rs.2130−Rs.2100
=Rs.30 in transaction.
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