Mr. Sharma sold his two cycles for P1,995 each. On one he gained 5% and on the other he lost 5%. Find the total gain or loss percent to Mr. Sharma.

Mr. Sharma sold his two cycles for P1,995 each. On one he gained 5% an

1.	Mr. Sharma sold his two cycles for P1,995 each. On one he gained 5% and on the other he lost 5%. Find the total gain or loss percent to Mr. Sharma.
Answer» Step-by-step EXPLANATION:SP of 1ST cycle = Rs.1995Gain = 5 % CP = SP×100/100+Gain % = 1,995×100/100+5= 1,995×100/105 = Rs.1900SP of 2nd cycle = Rs.1,995Loss = %% CP = SP×100/100-Loss % = 1,995×100/100-5= 1,995×100/95= Rs.2100Total CP of both cycles = Rs.(2100+1900) =Rs.4000= Rs.4,000Total SP of both cycles = Rs.(1,995×2) = Rs.3990Loss = CP - SP = Rs.(4,000-3,990) = Rs.10Loss % = Loss/CP × 100 = 10/4000*100= 0.25%