Vijay sells two cookers for Rs 2574 each. On one he gains 10% and on other he loses 10%. Find his gain or loss percent in the whole transaction.
Answers
Answered by
2
Answer:
Selling Price of each table =3000
Gain on Table1 =20%, Loss on Table2 =20%
For Table1
SP=CP+20% of CP=(
100
120
)×CP
CP=3000×(
120
100
)=2500
For Table2
SP=CP−20% of CP=(
100
80
)×CP
CP=3000×(
80
100
)=3750
Total CP=2500+3750=6250
Total SP=2×3600=6000
Profit or Loss=SP−CP=6000−6250=−250... (Negative means Loss)
Percent loss=(
CP
Loss
)×100=(
6250
250
)×100=4
∴ Loss is 4%
Similar questions