sold two articles at rupees 840 on Varshi gains 20% and on the other He loses 20% How much does she gain or loss in the whole transaction also find the gain or loss percent in the whole transaction
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Answer:
Step-by-step explanation:
SP = Rs. 840
if gain = 20%
gain% = (SP-CP)/CP * 100
⇒ 20= (840-CP)/CP * 100
⇒ 20/100 = (840-CP)/CP
⇒ 0.20CP = 840 - CP
⇒ 0.20CP + CP = 840
⇒ CP = 840/1.2 = Rs. 700
if loss = 20%
loss% = (CP-SP)/CP * 100
⇒ 20 = (CP-840)/CP * 100
⇒ 20/100 = (CP-840)/CP
⇒ 0.20CP = CP - 840
⇒ CP - 0.20CP = 840
⇒ CP = 840/0.8 = Rs. 1050
Total CP = 700+1050 = 1750
Total SP = 840+840 = 1680
loss = 1750- 1680= Rs. 70
loss% = loss/CP * 100 = 70/1750 * 100=4%.
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