Ramesh sold two laptops at ₹40,000 each. On one laptop he gained 20% and on the other he lost 20% . Find his overall loss or gain percent .
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Step-by-step explanation:
selling price of first laptop= 40000
gain=20%
cost price of the laptop=40000*100/120=100000/3
selling price of 2nd laptop=40000
loss=20%
cost price of this laptop=40000*100/80=50000
total cost price= 250000/3
total selling price=80000
loss=10000/3
loss%= (10000/3)/(250000/3) *100=4%
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