Avinash bought an electric iron for $R s 900$ and sold it at a gain of $10 %$ . He sold another electric iron at $5 %$ loss which was bought Rs $1200 .$ On the transaction he has a:

Profit of $R s 75$

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Loss of $R s 75$

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Profit of $R s 30$

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Loss of $R s 30$

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Solution

The correct option is C
Profit of $R s 30$

Finding profit or loss for whole transaction:
Price of electric iron $= R s . 900$
Sold at $10 %$ profit
Now, The selling price of the electric iron $= (\frac{10}{100}) x 900 + 900$
$= 90 + 900 = R s . 990$
Another electric iron sold at $5 %$ loss.
The cost price of another electric iron $= R s . 1200$
Thus, the selling price of the electric iron $= 1200 - 1200 x (\frac{5}{100})$
$= 1200 - 60 = R s . 1140$
Total cost paid by Avinash for purchasing electric irons $= R s . 900 + R s . 1200$
$= R s . 2100$
Total received amount $= R s . 990 + R s . 1140$
$= R s . 2130$
His profit $= R s . 2130 - R s . 2100$
$= R s . 30$
Hence, Avinash’s profit is $R s . 30$ in transactions.
So, the correct option is (C).

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Avinash bought an electric iron for Rs 900 and sold it at a gain of 10%. He sold another electric iron at 5% loss which was bought Rs 1200. On the transaction, he has a
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(b) loss of Rs 75
(c) profit of Rs 30
(d) loss of Rs 30

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Avinash bought an electric iron for Rs900 and sold it at a gain of10%. He sold another electric iron at 5% loss which was bought Rs 1200. On the transaction he has a:

Avinash bought an electric iron for $R s 900$ and sold it at a gain of $10 %$ . He sold another electric iron at $5 %$ loss which was bought Rs $1200 .$ On the transaction he has a: