Shine sold two tables at 9900rupees each. He got 10% profit in one sale and 10% loss in the other. Did the total sale result in a profit or loss? What percentage?
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Answer:
10 %
Step-by-step explanation:
1. Price of each tin = ₹ 9900
Profit = 10 % on one table
Profit = 10 ÷ 100 × 9900
Profit = 990
Solding price = 9900 + 990
Solding Price = ₹ 10890
2. Price of another table = ₹ 9900
Loss = 10 % on ₹ 9900
Loss = 10 ÷ 100 × 9900
Loss = 990
Solding price = 9900 - 990
Solding price = ₹ 8910
3. Profit = 10890 - 8910
Profit = ₹ 1980
4. Profit % = 1980 ÷ 19800 × 100
Profit = 10 %
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