Question

Pankaj sells two cycles for 2376 rupees each on one he gain 10% and on other He loses 10% find his gain or loss percent

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 =