A man sells two tables for rs 12, 480 each On one he gains 20 percent and the - Maths - Comparing Quantities

Question

A man sells two tables for rs 12, 480 each On one he gains 20
percent and the other, he loses 20 percent How much does he gain or
lose in the whole transaction?
Please confirm if the question framed is right because i have a
feeling it's wrong and that's why I'm asking

Abhishek Jha · Accepted Answer

Dear Student,
Here is the solution of your asked query:
S P  of each table = Rs
12,480When gain %=20%Then, C P =S P
×100100+gain%=12480×100100+20=12480×100120=10400When loss%=20%Then, C
P =S P
×100100-loss%=12480×100100-20=12480×10080=15600So total C
P  of both tables=10400+15600=Rs
26000And total S P
 of both tables=12480×2=Rs 24960Since S P
<C P  so there occurs a loss
So net loss=Rs 26000-Rs 24960=Rs
1040Therefore loss%=1040×10026000=4%
Regards

.A man sells two tables for rs. 12, 480 each. On one he gains 20 percent and the other, he loses 20 percent. How much does he gain or lose in the whole transaction? Please confirm if the question framed is right because i have a feeling it's wrong and that's why I'm asking.

.A man sells two tables for rs. 12, 480 each. On one he gains 20 percent and the other, he loses 20 percent. How much does he gain or lose in the whole transaction?
Please confirm if the question framed is right because i have a feeling it's wrong and that's why I'm asking.