Question

If a person sells two watches for rs9600 each, gaining 20% on one and losing 20% on the other, find his total gain or loss.

Answer 1

Answer:

Step-by-step explanation:

SP on first transaction = 120/100*9600= 11520

SP on second transaction =

80/100*9600= 8310

Total Cost price = 9600+9600=19200

Total SP= 11520+8310=19200

Since SP=CP , there is no profit or loss.