Question

Rakesh bought two wooden almirahs from a
wholeseller for 11,500 each. He spent 250 on
each of them for polishing. He sold one of them
at a gain of 10% and the other at a loss of 2%
Find his overall gain or loss %.​

Answer 1

rakesh gain the money after loss 2%is =12936

Answer 2

Step-by-step explanation:

Rakesh bought two wooden almirahs for 11500 each

he spent 250on each for polishing

total cp of 1 almirah = 11500+250

= 11750

so of 1st almirah sold at 10 % gain

sp = cp× 100+ gain / 100

11750× 100+ 10/ 100

1175×110/10

1175× 11

12925

sp of 2nd almirah sold at 2 % loss

sp = cp × 100- loss / 100

11750× 100- 2/100

1175×9/10

115150/10

11515.0

cp of both almirah= 11750+ 11750=23500

sp of both almirah = 12925+11515= 24440

Rakesh has profit

p = sp - cp

24440-11515

940

p% = 940/23500 × 100

4 %