Suhas sold two paintings for ₹99,000 each. On one he incurred a loss of 10% and on the other he gained by 10%. Find his actual gain or loss percent on the transaction.
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Answer:
actual loss is of 1,000
Step-by-step explanation:
incurred a loss of 10%
thus the value 99,000 is of 90 %
so, 100%=1,10,000
and loss is of 11,000
similarly gain of 10%
thus the value 99,000 is 110%
so, 100%=90,000
and gain is of 9,000
actual loss is of 1,000.
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