Question

Mahesh sold two scooters, each for Rs. 24000. he makes 20% profit on the first and 15% loss on the second,
what is his gain of loss percent in the transaction?​

Answer 1

Step-by-step explanation:

I think this answer may help you

please mark it as brainlist

Answer 2

Answer:

Loss percentage on two scooters = 0.48%  

Step-by-step explanation:

Given data

Mahesh sold two scooters  

selling price of each scooter = 24000 Rs.

Profit on first scooter = 20%

Loss on 2nd scooter =  15%  

here we need to find gain or loss in total transaction              

from given data total selling price of two scooters = 2(24000)

                                                                                   = 48000 Rs.

1st  Scooter

    Profit percentage on 1st scooter = 20%

    then cost price of the scooter = $\frac{S.P}{100+ P} (100)$  

                                                       = $\frac{24000}{100+20} (100)$

                                                        = $\frac{24000}{120} (100)$

                                                         = 200(100) = 20,000 Rs.  

2nd Scooter

     Loss percentage on 2nd scooter = 15%

      then cost price of the scooter = $\frac{S.P}{(100-L)} (100)$

                                                         = $\frac{24000}{100- 15} (100)$

                                                         = $\frac{24000}{85} (100)$  

                                                         =  28,235.29 Rs.  

total cost price of two scooter = 20,000 + 28, 235.29 = 48235.29 Rs

here selling price < cost price  

Mahesh will loss in total transaction    

                loss on scooters = 48235.29 - 48000 = 235.29

loss percentage =  (loss / C.P) (100)

                           = (235.29 / 48235.29) (100)  

                           = 0.48%