Question

Manoj sells one mobile for 8800 at a gain of 10% and another for 9400 at a loss of 6%.Find his overall gain or loss per cent.​

Answer 1

Answer:

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Step-by-step explanation:

FOR Mobile 1

SP = Rs 8800

Gain =10%

CP = [100/100 + Profit%] * SP

So, Cost price  =  100/110 × 8800 = Rs.8,000

FOR Mobile 2

SP = Rs 9400

Loss =6%

CP = [100/100-Loss%] * SP

So, Cost price  =  100/94 ×9400 = Rs.10,000

Total Cost price = Rs 18,000

Total selling price = Rs 18,200

∵ SP>CP

∴ Profit = Rs 200