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Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction?
Verified Answer
Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that o...
Now, let's calculate the amount for the first pair.
C.P = Rs.990
Profit = 10%
Hence profit = Rs.99
So, the final price will be Rs.990 + 99 = 1089
Now, calculation for the 2nd pair of jeans
C.P = Rs.990
Loss = 10%
Hence, loss = Rs.99
So, the final price will be Rs.990 - 99 = 891
Now, verify profit or loss
Price of 1st pair + Price of 2nd pair = 1089 + 891 = 1,980
Original price of 1st pair + Original price of 2nd pair = 990 + 990 = 1,980
S.P = C.P,
Hence , no profit no loss
This question is part of UPSC exam. View all Class 8 courses
Most Upvoted Answer
Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that o...
1 % loss on whole transaction
solution
10-10-10×10/100
solution
10-10-10×10/100
Community Answer
Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that o...
Given information:
Ankit sold two jeans for Rs 990 each.
On one jean, he gained 10%.
On the other jean, he lost 10%.
To find:
Ankit's overall gain or loss percentage in the whole transaction.
Solution:
Step 1: Calculate the gain on the first jean:
The selling price of the first jean is Rs 990.
Ankit gained 10% on this jean.
Gain = (10/100) * 990
= 99
So, Ankit gained Rs 99 on the first jean.
Step 2: Calculate the loss on the second jean:
The selling price of the second jean is also Rs 990.
Ankit lost 10% on this jean.
Loss = (10/100) * 990
= 99
So, Ankit lost Rs 99 on the second jean.
Step 3: Calculate the overall gain or loss:
To calculate the overall gain or loss, we need to consider both the gain and loss.
Total gain = Gain on the first jean - Loss on the second jean
= 99 - 99
= 0
Total loss = Loss on the second jean - Gain on the first jean
= 99 - 99
= 0
Conclusion:
Ankit neither gained nor lost any money in the whole transaction. Therefore, his gain or loss percentage is 0%.
Ankit sold two jeans for Rs 990 each.
On one jean, he gained 10%.
On the other jean, he lost 10%.
To find:
Ankit's overall gain or loss percentage in the whole transaction.
Solution:
Step 1: Calculate the gain on the first jean:
The selling price of the first jean is Rs 990.
Ankit gained 10% on this jean.
Gain = (10/100) * 990
= 99
So, Ankit gained Rs 99 on the first jean.
Step 2: Calculate the loss on the second jean:
The selling price of the second jean is also Rs 990.
Ankit lost 10% on this jean.
Loss = (10/100) * 990
= 99
So, Ankit lost Rs 99 on the second jean.
Step 3: Calculate the overall gain or loss:
To calculate the overall gain or loss, we need to consider both the gain and loss.
Total gain = Gain on the first jean - Loss on the second jean
= 99 - 99
= 0
Total loss = Loss on the second jean - Gain on the first jean
= 99 - 99
= 0
Conclusion:
Ankit neither gained nor lost any money in the whole transaction. Therefore, his gain or loss percentage is 0%.
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Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction?
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Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction?.
Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ankit sold two jeans for Rs 990 each.On one he gains 10% and on that other he lost 10%.Find his gain or loss pre cent in the whole transaction?.
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