Question

pankaj sells 2 cycles for rupees 2376 each on one cycle he gain s 10 percent on other looses 10 percent . find loss or gain percentage

Answer 1

The cost of the first cycle = 2376 ÷ (1+10%) = 2160

The cost of the second cycle = 2376 ÷ (1 - 10%) = 2640

So the total profit will be the selling price of the two cycles minus the cost of the two cycles = 2376 ×2 - 2160 - 2640 = -48

Since the profit is negative, the answer is loss percentage. The loss percentage is calculated by the loss divided by the original cost.
So the loss percentage = $\frac{48}{(2160+2640)} =1%$

Answer 2

Let's calculate CP of the first cycle
2376 ÷ (1+10%) = 2160/-

And CP of the second cycle = 2376 ÷ (1 - 10%) = 2640/-

Total price of two cycle= 2160+2640= 4800/-
Total sell price = 2376+2376 = 4752/-

So total loss = 4800-4752 = 48/-

Loss on 4800 rupee = 48/-
Loss on 1 rupee= 48/4800
Loss on 100 rupee= 48/4800×100= 1/-

So loss percentage= 1%