Problem 6.3 A shopkeeper sells two items at the same
price. If he sells one of them at a profit of 10% and the
other at a loss of 10%, find the percentage profit/loss ?
Answers
Answered by
7
Answer:
ANSWER : 0.99% LOSS
SOLUTION :
assume that SP is 100 in both case.
Using
SP = (1 + profit%/100)*CP
SP = (1 - loss%/100)*CP
We get Total CP = 1000/11 + 1000/9 = 202.02
Total SP = 100 + 100 = 200
So, Loss = CP - SP = 202.02 - 200 = 2.02
Loss% = Loss*100/CP = 0.99%
Answered by
3
Answer:
1 percent
Step-by-step explanation:
im suggesting this for saving time
if you find these type of qus with same selling price and common profit loss percentage you can use this formula
x = common percentage
(x/10)^2
and in this cases will always incurred loss
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