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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.​

1 Answer

7 votes
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
User Ian Cotterill
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