If a trader sold two cars each at Rs. 325475 and gains 11% on the first and loses 11% on the second,...
If a trader sold two cars each at Rs. 325475 and gains 11% on the first and loses 11% on the second, then his profit or loss percent on the whole is?
Answer/Solution
1.21%
Steps/Work
SP of each car is Rs. 325475, he gains 11% on first car and losses 11% on second car.
In this case, there will be loss and percentage of loss is given by
= [(profit%)(loss%)]/100
= (11)(11)/100 % = 1.21%
Answer:A
In this case, there will be loss and percentage of loss is given by
= [(profit%)(loss%)]/100
= (11)(11)/100 % = 1.21%
Answer:A