Manohar purchased two handbags for * 1500 each. He sold these bags, gaining
8% on one and losing 4% on the other. Find his gain or loss per cent in the whole
transaction.
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Answer:
case 1. cost price of two hand bags = 1500
= profit = 8%
= let selling price = x
=1500×108/100 =x
= ×=1620
case 2. cost price of two hand bags = 1500
=loss = 4%
= let selling price = x
=1500×96/100= ×
×=1530
total cost price = 1500+1500=3000
total selling price = 1620+1530 =3150
3150 - 3000= 150
profit % = p/c.p×100
p % = 150/3000×100
p % = 5%
Step-by-step explanation:
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