Amit sells two scooters at Rs.35000 each . One he gains 25 percentage and on the other he loses 25 percentage . How much does he gain or lose in the whole transaction . (Show steps and do ) .

Dear Student,

Selling price of scooter = Rs. 35000

Profit = 25%

Cost price of scooter = Selling price100+Profit%100
CP = 35000100+25100
CP = 35000×100125 
CP = Rs. 28000

Loss = 25%

CP = Selling price100-Loss%100
CP = 35000100-25100
CP = 35000×10075
CP = Rs. 46666.67

Total CP = 28000 + 46666.67 = 74666.67

Total SP = 35000 + 35000 = 70000

Here, CP > SP hence there is a loss

Loss% = 74666.67-7000074666.67×100
          = 6.25 %

Regards

  • 3
35000 should not be selling price but it should be cost price. If cost price is 35000 each than Amit will earn a profit of rupees 1750.
  • 2
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