To solve this problem, we first need to calculate the cost price for each article.

1. For the first article where the seller gains 8%, the selling price is 108% of the cost price. So, we can write: 108/100 * cost price1 = 9720. Solving this equation, we get cost price1 = 9720 * 100 / 108 = 9000.

2. For the second article where the seller loses 10%, the selling price is 90% of the cost price. So, we can write: 90/100 * cost price2 = 9720. Solving this equation, we get cost price2 = 9720 * 100 / 90 = 10800.

Now, we can calculate the total cost price and total selling price:

- Total cost price = cost price1 + cost price2 = 9000 + 10800 = 19800
- Total selling price = selling price1 + selling price2 = 9720 + 9720 = 19440

The difference between the total cost price and the total selling price is the overall loss, which is 19800 - 19440 = 360.

So, the correct answer is "360 loss".

Question

To solve this problem, we first need to calculate the cost price for each article.

1. For the first article where the seller gains 8%, the selling price is 108% of the cost price. So, we can write: 108/100 * cost price1 = 9720. Solving this equation, we get cost price1 = 9720 * 100 / 108 = 9000.

2. For the second article where the seller loses 10%, the selling price is 90% of the cost price. So, we can write: 90/100 * cost price2 = 9720. Solving this equation, we get cost price2 = 9720 * 100 / 90 = 10800.

Now, we can calculate the total cost price and total selling price:

- Total cost price = cost price1 + cost price2 = 9000 + 10800 = 19800
- Total selling price = selling price1 + selling price2 = 9720 + 9720 = 19440

The difference between the total cost price and the total selling price is the overall loss, which is 19800 - 19440 = 360.

So, the correct answer is "360 loss".

Knowee AI · Accepted Answer

To solve this problem, we first need to calculate the cost price for each article.

1. For the first article where the seller gains 8%, the selling price is 108% of the cost price. So, we can write: 108/100 * cost price1 = 9720. Solving this equation, we get cost price1 = 9720 * 100 / 108 = 9000.

2. For the second article where the seller loses 10%, the selling price is 90% of the cost price. So, we can write: 90/100 * cost price2 = 9720. Solving this equation, we get cost price2 = 9720 * 100 / 90 = 10800.

Now, we can calculate the total cost price and total selling price:

- Total cost price = cost price1 + cost price2 = 9000 + 10800 = 19800
- Total selling price = selling price1 + selling price2 = 9720 + 9720 = 19440

The difference between the total cost price and the total selling price is the overall loss, which is 19800 - 19440 = 360.

So, the correct answer is "360 loss".

Select the correct answerTwo articles are sold for 9,720 each. On one, the seller gains 8% and on the other, he loss 10% What is his overall gain or loss?Options360 loss380 gain380 loss360 gain

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