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Question

Reena sold two articles at Rs. 840 each. On one she gains 20% and on the other she loses 20%. How much does she profit or lose in the whole transaction? Also, find her profit or loss per cent in the whole transaction.

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Solution

SP=Rs.840

gain=20%

gain%=(SPCP)CP×100

20=(840CP)CP×100

Solving the above equation, we get,

0.20CP+CP=840

CP=8401.2=Rs.700

loss=20%

loss% =(CPSP)CP×100

20=(CP840)CP×100

Solving the above equation, we get,

CP0.20CP=840

CP=8400.8=Rs.1050

TotalCP=700+1050=1750

TotalSP=840+840=1680

loss=17501680=Rs.70

loss%=lossCP×100=701750×100=4%

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