Question

Pankaj sells two cycles for 2376 each on one he gains 10% and one loses 10% find his gain or loss %​

Answer 1

Answer:

1percent I think so

Step-by-step explanation:

Cycle 1 - sale price = Rs. 2,376/

At 10% profit, it is 1.1 x cost price

So cost price of cycle 1 = 2376/1.1 =2,160

Cycle 2 he loses 10% so it is 0.9 cost price = 2376

So cost price of cycle 2 = 2376/0.9 = 2,640

Cost price of 2 cycles = 2160 + 2640= 4800

Sale price of both cycles is 2376 x 2 = 4752

His overall loss = (4800 - 4752)4800 = 48/4800 = 1%

Answer 2

Answer: 1%

Step-by-step explanation:

SP OF THE 1ST CYCLE= ₹2376

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 %.

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