Shine sold two tables at 9900 rupees each he got 10%profit in one sale and 10% loss in other. Did the total sale result in a profit or loss? What percentage
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Step-by-step explanation:
let cp of table 1 be cp1, table 2 be cp2
sp1 = sp2 = 9900
10% profit on table1 :
sp1 = cp1(1+10%) = cp1(1+0.1)
9900 = 1.1 cp1
cp1 = 9900/1.1 = 9000
10% loss on table 2:
sp2 = cp2(1-10%) = cp2(1-0.1)
9900 = 0.9cp2
cp2 = 9900/0.9 = 11000
total cp = cp1+cp2 = 9000+11000 = 20000
total sp = sp1+sp2 = 2× 9900 = 19800
loss% = cp-sp/ cp ×100
= 20000 - 19800/20000 ×100
=200×100/20000
=1%
loss 1%
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