Finding Prices / Charges Related to Buying and Selling
A television ...
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 B9%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 %=250000091−25000250000091×100=2500000−22750002500000×100 =2250002500000×100=9%