Rakesh bought two pairs of jeans for₹960 each . He sold one jeans at a profit of 10 % and the other at a loss of 12 % . Find his profit or loss percent on the whole transaction .
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Solution
Prize of one of jeans=₹960
Profit of one pair of jeans=10%=₹96
Prize of second jeans =₹960
Loss of second jeans=12%=115.2
Total loss=115.2-96=19.2or 2%
Or
Other method
Total loss or profit= 12%-10%
=2%
Total loss =2%
Total loss=₹2%of960
= ₹2×960÷100
=₹19.2
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