Swiyan sold two motor cycle for RS, 39600 each on one he lost 10%, while he gained 10% on the other. Find his total profit or loss percent in their transaction?
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Answer:
1% loss
Step-by-step explanation:
S.P. of first motorcycle = Rs.39,600
Loss = 10%
=> 90% of C.P. = 39,600
=> 90/100 × C.P. = 39,600
=> C.P. = Rs.44,000
S.P. of second motorcycle = Rs.39,600
Gain = 10%
=> 110% of C.P. = 39,600
=> 110/100 × C.P. = 39,600
=> C.P. = Rs.36,000
Total C.P. = Rs.(44,000+36,000) = Rs.80,000
Total S.P. = Rs.(39,600+39,600) = Rs.79,200
C.P. > S.P.
Hence, loss = Rs.(80,000-79,200) = Rs.800
Loss% = 800/80000 × 100 = 1%
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