Question

pankaj sells two cycles for 2376 each on one he gains 10%and on the other he losses 10% find his gain or loss percent

Answer 1

SP of lst cycle = ₹2,376
Gain = 10 %
CP = SP×100/100+Gain %
= 2,376×100/100+10
= 2,376×100/110
= ₹2,160
SP of 2nd cycle = ₹2,376
Loss = 10 %
CP = SP×100/100-Loss %
= 2,376×100/100-10
= 2,376×100/90
= ₹2,640
Total CP of both cycles = ₹(2,160+2,640)
= ₹4,800
Total SP of both cycles = ₹(2,376×2)
= ₹4,752
Loss = CP - SP
= ₹(4,800-4,752)
= ₹48
Loss % = Loss/CP × 100
= 48/4,800×100
= 1 %.


Hope it helps you.
With regards@
Tanisha

Answer 2

REFER TO THE ATTACHED PICTURES

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