Question

Sahana sells two products for ₹. 8000 each gaining 8% on one and losing 6% on the other. Find her gain or loss percent in the whole transaction.
Pls explain step by step

Answer 1

Based on the information given the gain or loss percent on the whole transaction​ is 1%.

Gain or loss percent:

First step is to calculate the profit on the whole transaction

Profit=(8%×8,000)-(6%×8,000)

Profit=$640-$480

Profit=$160

Now let calculate the gain or loss percentage on the whole transaction

Gain or loss percentage=160/(8000+8000)×100

Gain or loss percentage=160/16000×100

Gain or loss percentage=1%

Inconclusion the gain or loss percent on the whole transaction​ is 1%.

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