: A man sold two cycles for 3000 each, gaining 20% on one and losingth

1.	: A man sold two cycles for 3000 each, gaining 20% on one and losingthe other. Find his gain or loss percentage on the whole transaction?SP= * 3000
Answer» Gain = Rs.600selling price with 20% gain = Rs.3600 loss = Rs.720selling price with 20% loss = Rs.2880 cost price> selling priceloss = cost price - selling price = Rs.3000 - Rs.2880 = Rs.120loss% = 120/3000*100 = 4%he sold sold his cycle with 4% loss.

: A man sold two cycles for 3000 each, gaining 20% on one and losingthe other. Find his gain or loss percentage on the whole transaction?SP= * 3000

Answer»

Gain = Rs.600selling price with 20% gain = Rs.3600

loss = Rs.720selling price with 20% loss = Rs.2880

cost price> selling priceloss = cost price - selling price = Rs.3000 - Rs.2880 = Rs.120loss% = 120/3000*100 = 4%he sold sold his cycle with 4% loss.