Practicing Success
Aditya sells two wrist watches from his personal collection for ₹12,600 each. On the first watch, he gains 26% and, on the second, he loses 10%. Find the overall gain or loss percentage. |
Gain of 16% Gain of 5% Loss of 5% Gain of 12% |
Gain of 5% |
Gain on first = 26% = \(\frac{63}{50}\) Loss on second = 10% = \(\frac{9}{10}\) CP SP First = 50 63 Second = 10 9 As the selling price is same for both the watches = CP SP First = 50 63 Second = (10 9 ) × 7
CP SP First = 50 63 Second = 70 63 ———————————— 120 126 = 6(Profit) Profit % = \(\frac{6 × 100}{120}\) = 5%
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