Laxman sold two articles at rupees 840 in one he gain 20% . How much does he loss or gain in the whole transition .
Also find his gain and loss Percent at whole .
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Answer:
SP=Rs.840
gain=20%
gain%= (SP−CP)/CP ×100
20= (840−CP)/CP ×100
Solving the above equation, we get,
0.20CP+CP=840
CP= 840/1.2 =Rs.700
loss=20%
loss% =
(CP−SP)/CP ×100
20= (CP−840)/CP×100
Solving the above equation, we get,
CP−0.20/CP=840
CP= 840/0.8
=Rs.1050
Total−CP=700+1050=1750
Total−SP=840+840=1680
loss=1750−1680=Rs.70
loss%= loss/CP ×100= 70/1750 ×100=4%
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