Sumit purchased an item for Rs 6500 and sold it at the gain of 24%. From that amount he purchased another item and sold it at the loss of 20%. what is the overall gain/loss?
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Answer:
CP=6500
gain %=24%
6500×24/100=1560
A=6500+1560=8060
CP FOR ANTHER ITEM 8060 LOSS=8060×20/100=1612
A LEFT 8060-1612=6448
OVER ALL HE HAD LOSS OF 6500-6448=2
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