Question

Monika sold two radios at rs.4000 each. At first radio she made a gain of 5% and ag at 2nd radio she made a loss of 5%. Find over all gain or loss percent

Answer 1

Answer:

0.24% loss

Explanation:

SP of one radio = Rs.4000

Gain = 5%

=> 105% of CP = 4000

=> 105/100 × CP = 4000

=> CP of one radio = Rs.3809.52

SP of second radio = Rs.4000

Loss = 5%

=> 95% of CP = 4000

=> 95/100 × CP = 4000

=> CP of second radio = Rs.4210.52

Total CP = Rs.3809.52 + 4210.52 = Rs.8020.04

Total SP = Rs.4000 + 4000 = Rs.8000

CP > SP

Hence, loss = Rs.8020.04 - 8000 = Rs.20.04

Loss percent = 20.04/8020.04 × 100 = 0.24%