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Question

Hema bought two pairs of jeans for Rs. 1450 each. She sold one of them at a gain of 8% and the other at a loss of 4%. Find her gain or loss percent in the whole transaction.

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Solution

CP of first jeans =Rs. 1,450

Profit =8% of CP =8100×1450=Rs. 116

SP of first jeans =Rs. 1,450+Rs. 116=Rs. 1,566

CP of second jeans =Rs. 1,450

Loss =4% of CP =4100×1450=Rs. 58

SP of second jeans =Rs. 1450Rs. 58=Rs. 1,392

Total CP of two jeans = CP of first jeans + CP of second jeans =Rs. 1,450+Rs. 1,450=Rs. 2,900

Total SP of two jeans = SP of first jeans + SP of second jeans =Rs. 1,566+Rs. 1,392=Rs. 2,958

Here, Total SP of two jeans > Total CP of two jeans.

Gain = Total SP of two jeans Total CP of two jeans =Rs. 2,958Rs. 2,900=Rs. 58

Gain%= GainTotal CP of two jeans×100%

=582900×100%=2%


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