Math Problem Statement

Ashish sold two watches to Ishan for Rs. 891 each. He made a profit of 10% on one watch and a loss of 10% on the other. How much profit or loss (in Rupees) did he make on the whole?

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentage
Basic Algebra

Formulas

Selling Price = Cost Price × (1 + Profit Percentage/100)
Selling Price = Cost Price × (1 - Loss Percentage/100)
Total Cost Price = C1 + C2
Total Selling Price = S1 + S2
Loss = Total Cost Price - Total Selling Price

Theorems

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Suitable Grade Level

Grades 7-9