Question

Mrs Harjeet bought two bags for rupees 1250 each he sold one of them at a gain of 6% and the other at a loss of 2% how much did she gain​

Answer 1

1) CP of each bag = Rs. 1250

Gain % on one bag = 6%

SP = CP * (100 + g%)/100

= 1250 * (100 + 6)/100

= 1250 * 106/100

= 1250 * 1.06

= 1325

SP of one bag = Rs. 1325

2) CP of each bag = Rs. 1250

Loss % on another bag = 2%

SP = CP * (100 - l%)/100

= 1250 * (100 - 2)/100

= 1250 * 98/100

= 1250 * 0.98

= 1225

SP of one bag = Rs. 1225

3) CP of two bags = 1250 + 1250 = Rs. 2500

SP of two bags = 1325 + 1225 = Rs. 2550

4) Since SP > CP

Gain = SP - CP

= 2550 - 2500 = Rs. 50

So, Gain = Rs. 50