Solve : Ganesh sell two chair each for 800Rs. each, gains 20% on one, and lose 20% on the other. Find his gain or loss percentage in the entire translation.
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hey what do you mean
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Can I show it in simple way?
Let us take the vlaue of first chair as x
800/x = 120/100 (selling price % = orginal price 100% + 20% profit)
x = 800 x 100/120
= 80000/120 = 666.67
So the price of first chair = 666.67
Let us take the vlaue of first chair as y
800/y = 80/100 (Selling price % = orginal price 100% - 20% loss)
y= 800 x 100/80
= 80000/80 = 1000
So the price of first chair is 1000
Now total cost of 2 chairs = 666.67 + 1000 = 1666.67
The selling price of 2 chairs = 800 x 2 = 1600
The profit he made = 1666.67 - 1000 = Rs 66.67
In % = 66.67 x 100/1666.67 =4.0002% Profit
I hope it helped you
Let us take the vlaue of first chair as x
800/x = 120/100 (selling price % = orginal price 100% + 20% profit)
x = 800 x 100/120
= 80000/120 = 666.67
So the price of first chair = 666.67
Let us take the vlaue of first chair as y
800/y = 80/100 (Selling price % = orginal price 100% - 20% loss)
y= 800 x 100/80
= 80000/80 = 1000
So the price of first chair is 1000
Now total cost of 2 chairs = 666.67 + 1000 = 1666.67
The selling price of 2 chairs = 800 x 2 = 1600
The profit he made = 1666.67 - 1000 = Rs 66.67
In % = 66.67 x 100/1666.67 =4.0002% Profit
I hope it helped you
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