1.

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 ?

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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