A shopkeeper sells two watches for Rs. 308 ea | vedclass

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(B) When two items are sold at the same selling price,one at a profit of $x \%$ and the other at a loss of $x \%$,there is always a net loss in the tr

Vedclass · Accepted Answer

$1 \frac{11}{25} \% 	ext{ loss}$

Vedclass · Answer

(B) When two items are sold at the same selling price,one at a profit of $x \%$ and the other at a loss of $x \%$,there is always a net loss in the transaction.The formula for the net loss percentage is given by: $	ext{Loss } \% = \left( \frac{x}{10} ight)^2$.Here,$x = 12$.Therefore,$	ext{Loss } \% = \left( \frac{12}{10} ight)^2 = (1.2)^2 = 1.44 \%$.Converting $1.44$ into a fraction: $1.44 = \frac{144}{100} = \frac{36}{25} = 1 \frac{11}{25} \%$.Thus,the shopkeeper incurs a loss of $1 \frac{11}{25} \%$.

$A$ shopkeeper sells two watches for $Rs. 308$ each. On one he gets $12 \%$ profit and on the other $12 \%$ loss. His profit or loss in the entire transaction was

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