Question

two houses are bought for rupees 65000 each. the first is sold at a profit of 8% . if the average price received for each house is rupees 66300,find the gain or loss % on the second house.​

Answer 1

Answer:

hope this helps

m not sure if it's right

Step-by-step explanation:

P1 = 1.08*65000 = 70200.

(P1+P2)/2 = 66,300

(70,200+P2)/2 = 66300

70200+P2 = 132,600

P2 = 62400

Loss = 65000-62400 = 2600

%Loss = 2600/65000 = 0.04 = 4%.

2. 1kg/0.95kg = 1.0526 = 105.26 %.

%Gain = 105.3% - 100% = 5.3%.