QUESTION :-
An electrician sold two irons at ₹860 each. On one he gain 20% and on another he loss 20%. How much does he gain or lose in the whole transaction?
Answers
Answer:
No gain or no loss
Step-by-step explanation:
CP of two irons = ₹ (860 * 2) = ₹ 1720
On one iron he gained 20%
Therefore he sold it at ₹(120/100 * 860) = ₹1032
On another iron he encountered a loss of 20%
Therefore he sold it at ₹(80/100 * 860) =₹ 688
Total SP = ₹(1032 + 688) = ₹ 1720
Here we see that CP = SP
Therefore, No gain or no loss.
Answer:
Selling Price of one iron= Rs.960
Gain 20%
Selling Price of another iron = Rs.960
Loss 20%
Cost prices of two irons = Rs. 800 + 1200 = Rs.2000
Loss Rs 2000 - 1920 =Rs. 80
✿It is loss✿
✿Percantage:-
✿Points:-
selling price is amount of the things that is sold.
Cost price is amount of the thing that is bought by consumers.
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Answer:
Selling Price of one iron= Rs.960
Gain 20%
Selling Price of another iron = Rs.960
Loss 20%
Cost prices of two irons = Rs. 800 + 1200 = Rs.2000
Loss Rs 2000 - 1920 =Rs. 80
✿It is loss✿
✿Percantage:-
✿Points:-
selling price is amount of the things that is sold.
Cost price is amount of the thing that is bought by consumers.
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