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.
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. 1450−Rs. 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. 2,958−Rs. 2,900=Rs. 58
∴ Gain%= GainTotal CP of two jeans×100%
=582900×100%=2%