Rakesh bought two wooden almari from a wholesaler for rupees to 11500 is he spent rupees 250 on each of them first polishing he sold one of them at a gain of 10% and that the loss of 2% find the overall gain or loss percentage
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Total price of 2 almari = 11500 + 2 x 250 = 11500 + 500 = Rs.12000
Price of one almari = 12000 ÷ 2 = Rs.6000
SP of first almari = 6000x 110/100 = Rs.6600
SP of second Almari = 6000 x 98/100 = Rs.5880
Total selling price = 6600 + 5880 = Rs.12480
CP ∠ SP 12000 ∠ 12480
So profit 12480 - 12000 = Rs.480
Gain in percent = 480/12000 x 100 = 4%
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