Question

two motor cars were sold for rs 9900 each, gaining 10% on one and losing 10% on the other. the gain or loss per cent in the whole transaction is

Answer 1

there will be neither loss nor profit percent in the whole transaction

Answer 2

Answer:

Step-by-step explanation:

C.P. of the 1st Motor Cycle = (9900 x 100)/(100 + 10) = Rs 9000

C.P. Of the 2nd Motor Cycle = (9900 x 100)/(100 - 10) = Rs 11000

Total C.P = Rs 20,000

Total S.P = Rs 19,800

Therefore, Loss per cent = (200/20000) x 100 = 1