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Answer:
Total Pairs of Jeans Ankit had = 2
Cost of each pair = Rs. 990
Now, let's calculate the amount for the first pair.
C.P = Rs.990
Profit = 10%
Hence profit = Rs.99
So, the final price will be Rs.990 + 99 = 1089
Now, calculation for the 2nd pair of jeans
C.P = Rs.990
Loss = 10%
Hence, loss = Rs.99
So, the final price will be Rs.990 - 99 = 891
Now, verify profit or loss
Price of 1st pair + Price of 2nd pair = 1089 + 891 = 1,980
Original price of 1st pair + Original price of 2nd pair = 990 + 990 = 1,980
S.P = C.P,
Hence , no profit no loss
Given :-
SP of each jeans = 990
Gain on first jeans = 10%
Loss on second jeans = 10%
To Find :-
Loss %
Solution :-
We know that
▪ IN FIRST JEANS
CP = 100 × SP/100 + P%
CP = 100 × 990/100 + 10
CP = 100 × 990/110
CP = 100 × 9/1
CP = Rs. 900
▪ IN SECOND JEANS
CP = 100 × SP/100 - L%
CP = 100 × 990/100 - 10
CP = 100 × 990/90
CP = 100 × 11
CP = 1100
▪ Total CP
Total CP = CP of first jeans + CP of second jeans
Total CP = 900 + 1100
Total CP = 2000
Now
▪ Total SP
Total CP = SP of first jeans + SP of second jeans
Total CP = 990 + 990
Total CP = 1980
Now,
Loss% = Loss/CP × 100
Loss % = CP - SP/CP × 100
Loss % = 2000 - 1980/2000 × 100
Loss % = 20/2000 × 100
Loss % = 2/2
Loss % = 1 %