What will His Gain or Loss Percent on Whole Transaction? If

A man sells two watches for ·3,200/- each. On one he gains 5% and on the other he loses 5% .Find his gain or loss percent on the whole transaction?

  1. 0.30%
  2. 0.20%
  3. 0.25%
  4. None of these
Desire Adnan Default Asked on 3rd August 2015 in Maths.
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1 Answer(s)

Answer: (3) 0.25 %
Explanation:-
A man sells two watches for ·3,200/- each.
On one he gains 5% ,
Then, the Cost price of one watch = 3200 x 100/105
= Rs.3047.61
On the other he losses 5 %.
Then, the cost price of other watch = 3200 x 100/95
= Rs.3368.42
The, the cost price of both watch = 3047.61 + 3368.42
= Rs.6416
The selling price of both watches = 3200 + 3200
= Rs.6400

Loss = 6416 – 6400
= Rs.16

Loss % = 16 x 100/6416
= 0.25 %
Hence, the answer is (3 ) 0.25 %.

Anurag Mishra Professor Answered on 4th August 2015.
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