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 =
CP =
CP =
CP = Rs. 28000
Loss = 25%
CP =
CP =
CP =
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% =
= 6.25 %
Regards
Selling price of scooter = Rs. 35000
Profit = 25%
Cost price of scooter =
CP =
CP =
CP = Rs. 28000
Loss = 25%
CP =
CP =
CP =
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% =
= 6.25 %
Regards