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Question

A television and a washing machine were sold for Rs. 12500 each. If the television was sold at a gain of 30% and the washing machine at a loss of 30%, then the entire transaction resulted in

A
9%gain
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B
9%loss
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C
11% gain
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D
Neither gain nor loss
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Solution

The correct option is B 9%loss
S.P. of the T.V. and washing machine =2× Rs. 12500= Rs. 25000
C.P. of the T.V. = Rs. 12500 ×100130
C.P. of the washing machine = Rs. 12500×10070
Total C.P. = Rs. 12500 (100130+10070)= Rs. 12500×20091
Required loss %=25000009125000250000091×100=250000022750002500000×100
=2250002500000×100=9%

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