Ravi purchased two articles for
* 1500 each. He sold them, gaining 6% on one
and losing 4% on the other. His gain/loss per
cent in the whole transaction is
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Answer:
6% profit on 1500 = 1500 + 90 = 1590
4% loss on 1500 =1500 - 60 = 1440
1500 × 2 = 3000
1590 + 1440 = 3030
therefore 30 is profit over all. or 1% profit. (as rs 30 is 1% of 3000)
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