Question

A man sold two articles at $375$ each. On the first article, he gains $25$% and on the other, he loses $25$%. How much does he gain or lose in the whole transaction? Also, find the gain or loss percent in the whole transaction.

Answer 1

First article

$SP=375$

Gain$\%=25\%$

CP $=\frac{100\times 375}{125}=300$

Second article

$SP=375$

Loss $\%=25\%$

CP $=\frac{100\times 375}{75}=500$

Total CP $=500+300=800$

Total SP $=375+375=700$

Loss $=$ CP $-$ SP

Loss $=800-750=50$

Loss $\%=\frac{50\times 100}{800}=6.25$%