Question

Mahesh sold two shorts for rupees 990 each . on one he gained 10% and on the other he lost 10%. find his gain or loss percent in the whole transaction.​

Answer 1

Answer:

His loss per cent in the whole transaction is 1%

Step-by-step explanation:

Case of first shorts

SP of jeans = Rs.990

Gain% = 10%

Case of second shorts

SP of jeans = Rs.990

Loss% = 10%

So, Total CP = Rs.900+Rs.1100=Rs.2000

Total SP = Rs.990+Rs.990=Rs.1980

Since SP<CP

So, Loss

Loss = CP-SP = Rs.2000-Rs.1980=Rs.20

Loss% =  loss*100/cp

Loss% =  20*100/2000

Loss% =  1%

Hence his loss per cent in the whole transaction is 1%