Jai narayan sells two radio sets for rs 2288 each. On one he gains 10 percent and on the other he loses 10 percent. Find his gain or loss percent
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loss of .99 percent
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Answer:
There is a loss of 0.9%.
Step-by-step explanation:
Given : Jai narayan sells two radio sets for Rs.2288 each. On one he gains 10 percent and on the other he loses 10 percent.
To Find : His gain or loss percent ?
Solution :
The selling price of two radio sets is Rs.2288.
The gain percent is 10%.
The cost price is given by,
The loss percent is 10%.
The cost price is given by,
The total cost price is 2080+2542.22=Rs.4622.22
The total selling price is 2288+2288=Rs.4576
As CP>SP there is a loss.
Loss percent is given by,
Therefore, There is a loss of 0.9%.
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