Question

Two sarees were sold at 7,000 each. One at a loss of 10% and the other at a gain of 10%. Find the loss or gain% for the entire transaction.

Answer is Loss of 1%. plz explanation
​

Answer 1

Answer:

1%

Step-by-step explanation:

Here , it is clear that there are 2 sarees sold .

S.P of each saree = Rs 7000.

Therefore , the S.P of 2 sarees = 7000 ×2 = Rs 14000.

As you know , the formula of C P = S.P/ 100 + gain% { - loss%} ×100

Now , putting that formula on

C.P of 1st saree = {7000/ 100 - 10} × 100

= 7000/90 × 100

= Rs 7777.77

C.P of 2nd saree= {7000/ 100+10} × 100

= 7000/ 110 × 100

= Rs 6363.63

Now, calculating the whole C.P

Rs{7777.77 + 6363.63}

Rs 14141.4

Now, as you can see

C.P > S.P

So, there is a gain of

C.P - S.P

Rs 14141.4 - Rs 14000

Rs 141.4

Now , calculating the gain %

= 141.4 × 100 / 14141.4

= 0.999 %

So, we can estimate 0.999% to 1 %

Therefore, 1% is the answer

Answer 2

Answer:

1 %..is the answer mate........