Arif is a scooter mechanic. He sold two scooters at Rs. 6,000 each. On – InterviewSolution

1.	Arif is a scooter mechanic. He sold two scooters at Rs. 6,000 each. On one he gained 20% and on the other he lost 20%. What was his gain or loss in the whole transaction?
Answer» total SP=2×6000=12000on first 20% gain so CP1=6000/1.2=5000on second 20% loss so CP2=6000/0.8=7500so total CP=5000+7500=12500overall gain=(12500-12000)/12000*100 =500/120=4.16%

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