Find his gain or loss per cent in the whole transaction
Attachments:
Answers
Answered by
1
Step-by-step explanation:
Total SP of two tables=1200*2=rs 2400
SP of 1st table=rs 1200
gain %=10%
So CP of 1st table=(100/100+gain%)*SP
=(100/100+10)*1200
=(100/110)*1200
=rs 12000/11
SP of 2nd table=rs 1200
loss %=10%
So CP of 2nd table=(100/100-loss%)*SP
=(100/100-10)*1200
=100/90*1200
=rs 12000/9
Total CP=12000/11+12000/9
=rs 2424.24
Total SP=rs 2400
so overall loss=CP-SP
=2424.24-2400
=rs 24.24
loss %=loss/CP *100
=(24.24/2424.24)*100
=1%
Similar questions