Question

John sold two books for Rs600 each there by gaining 20% on one book and losing 20% on the other book. Find his overall gain or loss percent.

Answer 1

Given,

Selling price of the first book =Rs 600 , Profit =20%

CP =( 100 SP)/((100 + "Profit Percentage" ) )

= ((100)(600))/(100+20) = Rs 500

The selling price of the second book = Rs 600 , Loss =20%

CP = (100xx SP)/((100 -" Loss Percentage ")) = (100xx600)/(100-20) =Rs 750

So, the total cost price of the books =Rs 500 + Rs 750 =Rs 1250

The total selling price of the books =2xx 600 =Rs 200

As the total selling price of the books

lt the total cost price of the books there is a loss

Loss = CP - SP= Rs 1250 -Rs 1200 =Rs 50

" Loss Percentage " = ( " Loss ")/(CP) (100)%

=((50)/(1250)) 100% =4%

John's loss is 4%

Hope it helps

Answer 2

Answer:

loss of 50

Step-by-step explanation:

profit = 120% of x = 600 , x = 500 , p = 100

loss = 80% of x = 600 , x = 750 , L = 150

net = 150 - 100 = 50