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Kewal sell two tape recorders at the same price. On one, he gains 10 % and on the other loses 10%. The total gain or loss in the transaction is? |
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Answer» Answer: 1% Step-by-step explanation: when SP is same and LOSS and GAIN %same total loss% = l^2/100 = 10×10/100 =1%loss or let sp1=sp2=100 g1=10% cp1=sp1/(1+g1%) =100/(1+10%)=100/1.1=90.91 cp2=100/(1-10%)=100/0.9=111.11 total cp=202.02 total sp=100+100=200 loss% = cp-sp/cp =(202.02-200/202.02)×100 =1% HOPE this helps |
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