Laxmi sold two sarees for RS-1980 each on one she loss 10%while in other there is a gain of 10%.find the gain or loss per cent in whole transaction
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Step-by-step explanation:
Saree sold at a loss :
Selling price = 1980
Buying price = 100/90 × 1980 = 2200
Saree at a gain :
Selling price = 1980
Buying price = 100/110 × 1980 = 1800
Overall gain or loss :
Total buying price = 1800 + 2200 = 4000
Total selling price = 3960
The loss = 4000 - 3960 = 40
40/4000 × 100% = 1%
= 1% loss
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