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1
Answer:
4% gain
Step-by-step explanation:
Since the purchase price is same for both the bags, profit on one bag is 8% and loss on the other is 4%
So his overall profit will be 8-4 = 4%
Answered by
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Step-by-step explanation:
CP of each is 1500
sp 1= (100 + gain%)×CP/100
= (100 + 8) × 1500/ 100
= 108 × 15
=1620
sp2. =(100– loss%) × cp/100
=(100–4)×1500/100
= 96×15
= 1440
total sp= sp1 +sp2
= 1620+1440
= 3060
total CP = 1500×2
= 3000
hence, gain =sp – cp
=3060–3000
= 60
gain%= (gain×100/cp ) %
= (60 × 100/ 3000)%
= 2%.................................................ans
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