A man sells two horses for rupees ₹ 1955 each. On one he gains 15% and on the other he loses 15% . Find the total gain or loss?
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A man sells two horses for rupees ₹ 1955 each. On one he gains 15% and on the other he loses 15% . Find the total gain or loss?
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Answer:
Step-by-step explanation:
SP of lst watch = ₹1,955
Gain = 15 %
CP = SP×100/100+Gain %
= 1,955×100/100+15
= 1,955×100/115
= ₹1,700
SP of 2nd watch = ₹1,955
Loss = 15 %
CP = SP×100/100-Loss %
= 1,955×100/100-15
= 1,955×100/85
= ₹2,300
Total CP of both watches = ₹(1,700+2,300)
= ₹4,000
Total SP of both watches = ₹(1,955×2)
= ₹3,910
Loss = CP - SP
= ₹(4,000-3,910)
= ₹90
Loss % = Loss/CP × 100
= 90/4,000×100
= 2.25 %.
Answer:
Rs. 90
Step-by-step explanation:
selling pricess of each horses=1955
so at first we have to find cost price of each horses
Cost price of 1st horse
=sp/100+gain×100
=1955/100+15×100
=1955/115×100
=1700
now we have find profit on cost price
=1700×15/100
=255(gain)
again,
Cost price of 2nd horse
=sp/100-loss×100
=1955/100-15×100
=1955/85×100
=345(loss)
we can see that loss is more
so total loss=345-255=90