Question

mohan bought two shirts for rs 550 each. he sold one at a loss of 20% and the other at a gain of 12%. find gain or loss percent in the whole transaction​.

pls i need this answer before 2 o clock

Answer 1

Answer:

1 case:

Cost price =550

lose =20% i.e. r=20

Selling price =(1 -r/100)× 550

= (100-20/100)×550

=80/100×550

= 440 Rs.

2 case :

CP =550 Rs.

Profit =12% i.e. r=12

SP=(1+r/100)×550

=112/100 ×550

=616 Rs.

Therefore,

Total CP = (550 + 550)Rs. = 1100 Rs.

Total SP = (440 + 616 )Rs. = 1056 Rs.

CP > SP

Hence ,loss

Loss = CP - SP

= (1100 - 1056)Rs

= 44 Rs.

Loss % = (44 / CP) × 100

= (44 / 1100 )× 100

= 4% (Answer)