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A Man Sold Two Steel Chairs For Rs. 500 Each. On One, He Gains 20% And On Other, He Loses 12%. How Much Does He Gain Or Lose In The Whole Transaction ? |
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Answer» <P>CP/SP = 100/(100±x) , i.e. Total CP = 417 (500*100/200) + 568(500*100/88)≅ 985 SINCE CP<SP .THEREFORE, Profit = 100-985 = 15 P% ≅ 15/985 X 100 ≅ 1.5 % CP/SP = 100/(100±x) , i.e. Total CP = 417 (500*100/200) + 568(500*100/88)≅ 985 Since CP<SP .Therefore, Profit = 100-985 = 15 P% ≅ 15/985 X 100 ≅ 1.5 % |
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