sachin sold two machines for rs 990 each gaining 10% on one losing 10% on the other.find his gain or loss per cent in the transaction
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Mr. Sinha sold two tape-recorders for Rs. 990 each; gaining 10% on one and losing 10% on the other. Find his total loss or gain, as percent, on the whole transaction.
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In the first transaction,
Profit % =
C.P
S.P.−C.P.
×100
=>
C.P.
990.−C.P.
×100=10
=>990−C.P.=0.1C.P.
=>1.1C.P.=Rs990
−>C.P.=Rs900
Now, at loss 10 % ,
Loss % =
C.P
C.P.−S.P.
×100=10
=>
990
C.P.−990
×100=10
=>C.P.−990=99
=>C.P.=990+90=Rs1080
SO, total C.P. =Rs900+Rs1080=Rs1980
total S.P. =Rs990+Rs990=Rs1980
Since, C.P.=S.P, there is no gain or loss
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