Two horses sold at 1200/-each . first one on a profit of 20% and second one is in 20%loss .the overall profit/loss in percentage is?
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In the case where loss and gain percentage is common on same selling price, always a loss incurs in total deal. And this can be calculated by a short-cut:
Loss on total deal,
= (Common loss or gain percentage /10)2 = (20/10)2
= 4%
Alternatively, It can be also calculated through Graphic Change Method: This can be given by,
100==20% gain ==>120==20% loss==>96.
Loss = 4% (As 100 became 96).
Loss on total deal,
= (Common loss or gain percentage /10)2 = (20/10)2
= 4%
Alternatively, It can be also calculated through Graphic Change Method: This can be given by,
100==20% gain ==>120==20% loss==>96.
Loss = 4% (As 100 became 96).
Answered by
0
the answer is loss of 4%
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