Question

Reet sells two radios sets for Rs.2288 each on one she gains 10%on other she loses 10%. Find her gain or loss percent?

Answer 1

If you have two things, and the selling price of each things are same.

You get x% profit and x% of loss after selling them.

You get x% profit and x% of loss after selling them.In that case you will always loss money.The formula for loss % is: (\frac{x}{10})^2(10x)2

$(\frac{x}{10})^2(10x)2$

Now consider the provided information.The loss and gain are same i.e 10% so substitute the value of x=10 in above formula.

(\frac{10}{10})^2=1\%(1010)2=1%

$(\frac{10}{10})^2=1\%(1010)2=1%$

Hence, his loss is 1%