Practicing Success
A man sells two articles for 2620 each, one at a profit of 24% and the other at a loss of 24%. What is his loss/profit per cent in the whole transaction? |
Loss, 12 Profit, 12 Loss, 5.76 Profit, 5.76 |
Loss, 5.76 |
Loss and the profit = 24% In this type of questions when the profit and the loss percentage is x% and the selling price of the article is also same then the customer always bears loss and is given by = \(\frac{x × x}{100}\) Loss% = \(\frac{24 × 24}{100}\) = Loss, 5.76% |