this is a question of profit and loss:
Ayush sold 2 books for Rs.1,200. On one book he got 25% loss while on the other book he got 25% profit. What is the actual gain or loss percent ?
Answers
Answered by
0
Answer:
NOTE :- When a person sell two similar items , one at the loss of say x% and another at the gain of x% , then the seller always incurs the loss given by
Loss % = (Common Loss and gain %/10)² = (x/10)²
Hence , the answer of the above question is :
Common gain and loss % = 25
Therefore ,
Loss % = (25/10)² = 25*25 /10*10 = 625/100 = 6.25
Hope this helps You!!
thank You!!
Cheers !!
NOTE :- When a person sell two similar items , one at the loss of say x% and another at the gain of x% , then the seller always incurs the loss given by
Loss % = (Common Loss and gain %/10)² = (x/10)²
Hence , the answer of the above question is :
Common gain and loss % = 25
Therefore ,
Loss % = (25/10)² = 25*25 /10*10 = 625/100 = 6.25
Hope this helps You!!
thank You!!
Cheers !!
Answered by
0
Total SP= 1200*2=2400
Cost of 1st book= 1200*100/75=1600
Cost of 2nd book=1200*100/125=960
Purchase price of books=1600+960= 2560
Loss made 2560-2400=160
% Loss=(160/2560)100=6.25%
Actual loss is 6.25%
Cost of 1st book= 1200*100/75=1600
Cost of 2nd book=1200*100/125=960
Purchase price of books=1600+960= 2560
Loss made 2560-2400=160
% Loss=(160/2560)100=6.25%
Actual loss is 6.25%
Similar questions