A shopekeeper sells one machine for 990 rupees at profit 10% and another machine for 1960 rupees at loss of 2% what is his gain or loss percentage

SP of a machine = Rs. 990

Profit% = 10 %

SP of other machine = Rs. 1960

loss% = 2 %

his gain or loss percentage

We know that,

CP * (100 + profit%)/100 = SP

So,

First machine :

CP * (100 + 10)/100 = 990

⟹ CP = 990 * 100/110

⟹ CP = Rs. 900

Second machine :

We know that,

CP * (100 - loss%)/100 = SP

⟹ CP * (100 - 2)/100 = 1960

⟹ CP = 1960 * 100/98

⟹ CP = Rs. 2000

Now,

We have to find the total loss or profit percentage.

We observe that,

SP > CP.

so, a gain is occured.

gain % = gain/CP * 100

gain = SP - CP

So,

gain% = (2950 - 2900)/2900 * 100

⟹ gain% = 50/29

⟹ gain% = 1.72 %

∴ A gain of 1.72% is occured in the whole transaction.

I hope it will help you.

Regards.

HELLO SISO❤

IT'S ME YIREN

Step-by-step explanation:

→ CP of machine = (SP * 100) / (100 + Profit%) = (990 * 100) / (100 + 10) = (990 * 100) / 110 = Rs. 900 . Case 2) :- shopkeeper sells another machine for Rs. 1960 at a loss of 2%

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it has the same slope and a different y-intercept

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