Question

Raman buys two fans for Rs 220 and 280 respectively he sells first find the profit of 10 % and second the loss of 10% find his gain or loss percentage

Answer 1

he gained loss of rs. 6

Answer 2

Answer:

There was a loss of Rs 6

Step-by-step explanation:

First Fan :CP= 220  

                Profit = 10%

                SP = (100+Profit%)/100 *CP

                SP = 110/100 *220 = 11*22

                SP = 242

Second Fan ; CP= 280

                       Loss= 10%

                       SP= (100-Loss%)/100 *CP

                       SP= (100-10)/100* 280

                       SP= 252

Total CP : 220 +280 = 500

Total SP : 242 +252 = 494

Loss of Rs 6 has occurred