Ashima sold two coolers for Rs 3,990 each. On selling one cooler she gained 5% and on selling the the other she suffered a loss of 5%. Find her overall gain or loss % in whole transaction.
Given that, selling price of coolers = Rs.3990 each.On first cooler, gain = 5% and on second cooler, loss = 5%
For first cooler -
∵ Gain = Selling price - cost price
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⇒ cost price of first cooler = Rs.3800
For second cooler -
∵ Loss = cost price - Selling price
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⇒ cost price of second cooler = Rs.4200
∴ total cost price = Rs.3800 + Rs.4200
= Rs.8000
And total selling price = Rs.3990 × 2
= Rs.7980
⇒ cost price>selling price ⇒ loss
And loss = total cost price - total selling price
= Rs.8000 - Rs.7980
= Rs.20
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= 0.25%
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