Aman sold two cycles for 3000 each, gaining 20% on one and losing 20%

1.	Aman sold two cycles for 3000 each, gaining 20% on one and losing 20% onthe other. Find his gain or loss percentage on the whole transaction?
Answer» give answer Gain = Rs.600selling price with 20% gain = Rs.3600 loss = Rs.720selling price with 20% loss = Rs.2880 cost price> selling priceloss = cost price - selling price = Rs.3000 - Rs.2880 = Rs.120loss% = 120/3000*100 = 4%he sold sold his cycle with 4% loss.

Aman sold two cycles for 3000 each, gaining 20% on one and losing 20% onthe other. Find his gain or loss percentage on the whole transaction?

Answer»

give answer

Gain = Rs.600selling price with 20% gain = Rs.3600

loss = Rs.720selling price with 20% loss = Rs.2880

cost price> selling priceloss = cost price - selling price = Rs.3000 - Rs.2880 = Rs.120loss% = 120/3000*100 = 4%he sold sold his cycle with 4% loss.