Question

Two pens are sold for rupees 80 each. If there is a gain of 20% on one and loss of 20% on the other find the net loss percent.

Answer 1

Answer:

there us no lose at all because there is 20 %profit also

Answer 2

The net loss percent is 6.67 %.

Given:

Two pens are sold for rupees 80 each. There is a gain of 20% on one and loss of 20% on the other.

To find:

The net loss percent.

Step-by-step explanation:

For gain of 20%,

Rs.80 = 120% × CP

CP = Rs. 66.67

For loss of 20%,

Rs.80 = 80% × CP'

CP' = Rs.100

Total CP = 100+66.67

= Rs. 166.67

Total SP = 80+80

= Rs. 160

Net loss percent = $\frac{166.67-160}{100}$×100

= 6.67 %

Hence, the net loss percent is 6.67 %.

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