Lakshmi sold two sarees for rupees 1980 on one she lost 10% while on the other she gained 10% find the gain or loss percent in the whole transaction
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Solution :
Let the cost price of one saree be Rs.R
Let the cost price of other saree be Rs.M
A/q
- S.P. of one saree = Rs.1980
- Gain% = 10%
We know that formula of the gain% :
- S.P. of one saree = Rs.1980
- Loss% = 10%
We know that formula of the loss% :
Now;
Total Cost price of both sarees = R + M
Total Cost price of both sarees = Rs.1800 + Rs.2200
Total Cost price of both sarees = Rs.4000
&
Total Selling price of both sarees = Rs.1980 + Rs.1980
Total Selling price of both sarees = Rs.3960
∴ C.P. > S.P.
We know that formula of the Loss % :
The loss % in the whole transaction will be 1% .
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