a shopkeeper bought 2 watches for rs 400. he sold them to gain 5% one and loss 5% on other. calculate his final gain or loss percent. if the

Question

a shopkeeper bought 2 watches for rs 400. he sold them to gain 5% one and loss 5% on other. calculate his final gain or loss percent. if the selling price of both watches is same.​

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Diễm Thu 6 months 2021-08-24T23:28:49+00:00 1 Answers 0 views 0

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    2021-08-24T23:30:28+00:00

    He made no gain

    He bought 2 watches for $400
    400/2=200
    Each watch was $200
    He gained 5% on one watch
    200•1.05=210
    He lost 5% on the other
    200•0.95=190
    210+190=400
    Therefore he neither made nor lost any money

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