SOLUTION: A man sold two Rs 1000 each.on one he gain 30% and the other he loss 20%.find the overall gain or loss%.

Algebra.Com
Question 1054659: A man sold two Rs 1000 each.on one he gain 30% and the other he loss 20%.find the overall gain or loss%.
Found 3 solutions by CubeyThePenguin, ikleyn, greenestamps:
Answer by CubeyThePenguin(3113)   (Show Source): You can put this solution on YOUR website!
before: 1000, 1000 (total: 2000)
after: 1300, 800 (total: 2100)

overall gain: (2100 - 2000)/2000 * 100% = 5%

Answer by ikleyn(52810)   (Show Source): You can put this solution on YOUR website!
.
A man sold two items for Rs 1000 each. On one item he gained 30% and on the other item he loss 20%.
Find the overall gain or loss percentage.
~~~~~~~~~~~~~~


            Please pay your attention on  HOW  I  EDITED  your post in order for it would make sense.

            Such problems must go in a well edited mode,  ONLY.

            They  SHOULD  NOT go in a poorly written mode.


(1)  The man sold 1-st item for Rs 1000 and gained 30%.


     It means that the buying price x of this item satisfies this equation


         x + 0.3x = 1000,

     or

           1.3x   = 1000,   x =  = Rs 769.23.



(2)  The man sold 2-nd item for Rs 1000 and loss 20%.


     It means that the buying price x of this item satisfies this equation


         x - 0.2x = 1000,

     or

           0.8x   = 1000,   x =  = Rs 1250.00.



(3)  Thus the man bought the two items for the total  Rs (769.23 + 1250.00) = Rs 2019.23.


     The man sold the two items for the total of Rs 1000 + Rs 1000 = Rs 2000.


     Hence, he loss Rs 2019.23 - Rs 2000 = Rs 19.23.


     His overall percentage loss is   = 0.95%.      ANSWER

Solved.



Answer by greenestamps(13203)   (Show Source): You can put this solution on YOUR website!


Be wary of any response you get from tutor @CubeyThePenguin. They are very often hastily composed and contain errors; they also rarely show anything that helps YOU learn how to solve a problem.

In this case, he simply did not answer the question that was asked....

Learn how to work the problem correctly from the post from the other tutor.


RELATED QUESTIONS

a man sold two for Rs 1000 each.on one he again 30% and ane other he losses 20%.find the... (answered by Theo)
respected sir Q) a man sold two chairs for rs 500 each. on one he gained 20% and on the... (answered by JulietG,josmiceli)
A shopkeeper sold two articles for $ 48 each. He made a 25 % profit on one article and... (answered by josmiceli)
A man sells two commodities for rs.4000 each, neither gain nor lose in the deal.if he... (answered by MathLover1)
a shop keeper sells two phones for rs 6000, one at a gain of 25 percent and the other at... (answered by Edwin McCravy)
A shopkeeper bought two TV sets at Rs 10,000 each. He sold one at a profit 10% and the... (answered by jorel555)
a man purchased sugar worth Rs 400.He sold 3/4 th at the loss of 10% and the remainder at (answered by josgarithmetic)
a trader bought 600 biscuits at £1000. 20% of them were stolen and he sold the rest at 10 (answered by Boreal,ikleyn)
on selling each of the two radios for rs 5000, a person neither gained nor lost. if he... (answered by stanbon)