document.write( "Question 1206266: By selling two tables for 1200/- each, a man gains 10% on one and losses 10% on another. find his gain or loss percentage in the whole transaction \n" ); document.write( "
Algebra.Com's Answer #843570 by Theo(13342) You can put this solution on YOUR website! he gained 10% on one of them. \n" ); document.write( "x + .10 * x = 1200 \n" ); document.write( "combine like terms to 1.10 * x = 1200 \n" ); document.write( "solve for x to get x = 1200 / 1.10 = 1090.909091\r \n" ); document.write( "\n" ); document.write( "he lost 10% on the other of them. \n" ); document.write( "x - .10 * x = 1200 \n" ); document.write( "combine like terms to get .9 * x = 1200 \n" ); document.write( "solve for x to get x = 1200 / .9 = 1333.333333\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x represents the cost. \n" ); document.write( "total revenue is 2400 \n" ); document.write( "total cost is 2424.242424\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "revenue / cost = 2400 / 2424.242424 = .99\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "greater than 1 he made a profit. \n" ); document.write( "less than 1 he took a loss.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "1 - .99 = .01 = 1% loss.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he took a loss of 1%. \n" ); document.write( " \n" ); document.write( " |