Question

Varun sold two almirah for $2730 each on one ,he lost 9% while on the other he gained 12% . Find his gain or loss on the whole transaction

Answer 1

cp1 = 2730/91 × 100 = 3000
cp2 = 2730/112 × 100 = 2437.5
total cp = 3000 + 2437.5 = 5437.5
total sp = 2730 × 2 = 5460
profit = 5460 - 5437.5 = 22.5
profit % = 22.5/5437.5 × 100 = 0.41%