Wasim bought two cricket bats for 840 and 360 respectively. He sells the first bat at a
gain of 15% and the second one at a loss of 5%. Find his gain or loss per cent in the whole
transaction.
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Step-by-step explanation:
The cost of first bat = Rs.840
Selling price at 5% profit = 840×1.15=966 Rs
The cost price of seconds bat= Rs.840
Selling price at 5% loss=360×0.95=342Rs
Total gained price 966Rs + 342Rs= 1308Rs
Cost price of both bat = 360 + 840 = 1200Rs
Profit%= 1308-1200/1200×100
Profit = 90%
90% is answer
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