A shopkeeper sold two bicycles for Rs. 1500 e | vedclass

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Question

(A) Selling price of each bicycle = $Rs. 1500$.Total selling price = $1500 + 1500 = Rs. 3000$.Cost price of the first bicycle (gain of $25\%$) = $1500

Vedclass · Accepted Answer

$2 \frac{18}{41} \% 	ext{ loss}$

Vedclass · Answer

(A) Selling price of each bicycle = $Rs. 1500$.Total selling price = $1500 + 1500 = Rs. 3000$.Cost price of the first bicycle (gain of $25\%$) = $1500 	imes \frac{100}{125} = Rs. 1200$.Cost price of the second bicycle (loss of $20\%$) = $1500 	imes \frac{100}{80} = Rs. 1875$.Total cost price = $1200 + 1875 = Rs. 3075$.Since total cost price $(Rs. 3075)$ > total selling price $(Rs. 3000)$,there is a loss.Loss = $3075 - 3000 = Rs. 75$.Loss percentage = $\frac{	ext{Loss}}{	ext{Total Cost Price}} 	imes 100 = \frac{75}{3075} 	imes 100 = \frac{1}{41} 	imes 100 = \frac{100}{41} \% = 2 \frac{18}{41} \% 	ext{ loss}$.

$A$ shopkeeper sold two bicycles for $Rs. 1500$ each. On one,he gains $25\%$ and on the other he loses $20\%$. His gain or loss per cent in the whole transaction is

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