Meenu bought two fans for 1200 rupees each she sold one at a loss of 5% and other at a profit of 10% find the gain or loss percent in the whole transaction
Share
Meenu bought two fans for 1200 rupees each she sold one at a loss of 5% and other at a profit of 10% find the gain or loss percent in the whole transaction
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer: 2.5%
Step-by-step explanation:
CP of first fan = Rs 1200
Loss% = 5%
Loss = 5% of 1200 = (5/100) *1200 = 60
SP = 1200 - 60 = 1140
CP of second fan = 1200
Profit% = 10%
Profit = (10/100) *1200 = 120
SP = 1200+120 = 1320
Total CP = 1200+1200 = 2400
Total SP = 1140+1320 = 2460
Gain% = (Gain/CP) *100 = (60/2400) *100 = 2.5%