Question

If a trader sold two cars each at rs. 40,4415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is?

Answer 1

0(as he gain 15% on first car and 15% loss on second car so net is 0)

Answer 2

Answer:

no profit no loss

Step-by-step explanation:

in the first case he gains 15% so :-

(40,4415)×(115÷100)=465,077.25

in the second case he losses 15% so:-

(40,4415)×(85÷100)=343752.75

so in total his selling price (sp) is 465,077.25 + 343752.75=808,830

And his total cp is :-

404415×2=808,830

Hence, there is no profit and no loss in the whole transaction