Question

Meenu bought two fans for 1200 rupees each she sold one at a loss of 5% and other at a profit of 10% find the gain or loss percent in the whole transaction​

Answer 1

Answer: 2.5%

Step-by-step explanation:

CP of first fan = Rs 1200

Loss% = 5%

Loss = 5% of 1200 = (5/100) *1200 = 60

SP = 1200 - 60 = 1140

CP of second fan = 1200

Profit% = 10%

Profit = (10/100) *1200 = 120

SP = 1200+120 = 1320

Total CP = 1200+1200 = 2400

Total SP = 1140+1320 = 2460

Gain% = (Gain/CP) *100 = (60/2400) *100 = 2.5%