Mahesh sells two chairs for 800 each, gain 20% on one and loses 20% on the other, find his gain or loss percentage in the entire transcation.
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- Sells Two chairs RS.800 each,
- Gain =20%
- Loses = 20%
To Find :-
- His Gain or loss Percentage in the entire Transaction .
As Per Given ,
So,
The Price of First Chair is = 666.67
- Let's Take the value of First chair = y
So,
The price of First chair is 1,000 .
Now , Total cost of Two Chairs
= 666.67 + 1000
= 1666.67
- The celling price of Two chairs = 800×2=1600
- The profit He made = 1666.67 -1000 = Rs.66.67
Hence,4.0007% he made profit .
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Answered by
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Answer:
♣
Sells Two chairs RS.800 each,
Gain =20%
Loses = 20%
♣
His Gain or loss Percentage in the entire Transaction .
As Per Given ,
So,
The Price of First Chair is = 666.67
Let's Take the value of First chair = y
So,
The price of First chair is 1,000 .
Now , Total cost of Two Chairs
= 666.67 + 1000
= 1666.67
The celling price of Two chairs = 800×2=1600
The profit He made = 1666.67 -1000 = Rs.66.67
- Hence,4.0007% he made profit .
Note;-
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