Question

$\huge {\color{plum}{solve \: it}}$
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Answer 1

Answer:

Loss% = 4%

Step-by-step explanation:

SP of 1 cycle = ₹960

SP of 2 cycles = ₹960 × 2 = ₹1920

For the 1st Cycle :-

SP = ₹960 and profit = 20% or profit = 20

Now, SP(Selling Price) = ( 1 + r/100) of CP(Cost Price)

            or, 960 = 1 + 20/100 × CP

            or,  960 = 1 + 0.2 × CP

            or,  CP = ₹960/1.2 = ₹800

So, CP = ₹800

For the 2nd Cycle:-

SP = ₹960 and loss = 20% or profit = 20

or, 960 = (1 - profit / 100) × CP

or, 960 = (1 - 20/100) × CP

or, 960 =  (1 - 0.2)  × CP

or, CP = ₹960/0.8 =  ₹1200 (Since it is a loss)

∴ total CP = ₹1200 + ₹800 = ₹2000

and total SP = ₹1920

As CP > SP

It is a loss,

loss = CP - SP = ₹2000 - ₹1920 = ₹ 80

Therefore, loss % = loss/CP × 100 = (80/2000) × 100% = 4%

Loss % = 4%