Question

Rakesh purchased two items for 9,600/- each. He sold one article at a loss of 5 percent and second articles at a gain of 10%. What is her overall gain/loss

Answer 1

1st article at 5% loss

5/100*9600=480

480 loss on 1st article

2nd article at 10% profit

10/100*9600=960

960 profit on 2nd article

overall 480 profit

480/19200*100=2.5% profit