Home
Class 8
MATHS
Hema bought two pairs of jeans for Rs. 1...

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 per cent in the whole transaction.

Text Solution

AI Generated Solution

The correct Answer is:
Let's solve the problem step by step. ### Step 1: Determine the Cost Price (CP) of each pair of jeans. Hema bought two pairs of jeans for Rs. 1450 each. **Cost Price of each pair of jeans = Rs. 1450** ### Step 2: Calculate the Selling Price (SP) of the first pair of jeans. The first pair of jeans is sold at a gain of 8%. To find the Selling Price (SP) when there is a gain, we use the formula: \[ SP = CP \times \left(1 + \frac{\text{Gain\%}}{100}\right) \] Substituting the values: \[ SP_1 = 1450 \times \left(1 + \frac{8}{100}\right) = 1450 \times \left(1 + 0.08\right) = 1450 \times 1.08 \] Calculating this gives: \[ SP_1 = 1566 \] ### Step 3: Calculate the Selling Price (SP) of the second pair of jeans. The second pair of jeans is sold at a loss of 4%. To find the Selling Price (SP) when there is a loss, we use the formula: \[ SP = CP \times \left(1 - \frac{\text{Loss\%}}{100}\right) \] Substituting the values: \[ SP_2 = 1450 \times \left(1 - \frac{4}{100}\right) = 1450 \times \left(1 - 0.04\right) = 1450 \times 0.96 \] Calculating this gives: \[ SP_2 = 1392 \] ### Step 4: Calculate the Total Cost Price (CP) and Total Selling Price (SP). **Total Cost Price (CP)**: \[ \text{Total CP} = CP_1 + CP_2 = 1450 + 1450 = 2900 \] **Total Selling Price (SP)**: \[ \text{Total SP} = SP_1 + SP_2 = 1566 + 1392 = 2958 \] ### Step 5: Calculate the Gain or Loss. To find the gain or loss, we subtract the Total CP from the Total SP: \[ \text{Gain} = \text{Total SP} - \text{Total CP} = 2958 - 2900 = 58 \] ### Step 6: Calculate the Gain Percentage. To find the gain percentage, we use the formula: \[ \text{Gain\%} = \left(\frac{\text{Gain}}{\text{Total CP}}\right) \times 100 \] Substituting the values: \[ \text{Gain\%} = \left(\frac{58}{2900}\right) \times 100 \] Calculating this gives: \[ \text{Gain\%} = 2 \] ### Final Answer: Hema's overall gain percentage in the whole transaction is **2%**. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT AND LOSS

    RS AGGARWAL|Exercise EXERCISE 10B|14 Videos
  • PROFIT AND LOSS

    RS AGGARWAL|Exercise EXERCISE 10C|11 Videos
  • PROFIT AND LOSS

    RS AGGARWAL|Exercise TEST PAPER - 10 (D) (Write T for true and F for false for each of the following:)|4 Videos
  • PROBABILITY

    RS AGGARWAL|Exercise EXERCISE 25B OBJECTIVE QUESTIONS|8 Videos
  • QUADRILATERALS

    RS AGGARWAL|Exercise EXERCISE 15|8 Videos

Similar Questions

Explore conceptually related problems

Ankit sold two jeans for Rs.990 each.On one he gains 10% and on the other he loss 10%.Find the gain or loss percent in the whole transaction.

A man sold two radios for ? 2000 each. On one he gains 16% and on the other he losses 16%. Find his gain or loss per cent in the whole transaction.

A man sold two radias at₹4800 each. On one he gains 20% and on the other he loses 20%.Find the gain or loss per cent in the whole transaction.

A man sells two houses for Rs.536850 each. On one he gains 5% and on the other he loses 5% .Find his gain or loss per cent on the whole transaction.

Ajay sold two motorbikes for Rs 40,000 each. He sold one at 20% profit and the other at 20% loss. Find the profit or loss percentage in the whole transaction.

A farmer sell his two cows. One one, he gains 25% and on the other, he losses 25%. Find his gain or loss per cent in the whole transaction.

Wasim bought two cricket bats for Rs. 840 and Rs. 360 respevtively. He sells the first bat at a gain of 15% and the second one at a loss of 5%. Find his gain or loss per cent in the whole transaction.

Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?

RS AGGARWAL-PROFIT AND LOSS -EXERCISE 10A
  1. A man purchsed some eggs at 3 for Rs. 16 and sold them at 5 for Rs.36 ...

    Text Solution

    |

  2. A dealer sold camera for Rs. 1080 gaining 1/8 of its cost price. Find...

    Text Solution

    |

  3. Meenakshi sells a pen for Rs.54 and loses 1/10 of her outlay. Find (i)...

    Text Solution

    |

  4. A dealer gets Rs. 940 more if instead of selling a table at a loss of ...

    Text Solution

    |

  5. A dealer gets Rs.56 less if instead of selling a chair at a gain of 15...

    Text Solution

    |

  6. A cycle was sold at a gain of 10%. Had it been sold for Rs. 260 more, ...

    Text Solution

    |

  7. Sonu buys 40kg of wheat at Rs. 12.50 per kg and 30kg of wheat at Rs. 1...

    Text Solution

    |

  8. Wasim bought two cricket bats for Rs. 840 and Rs. 360 respevtively. He...

    Text Solution

    |

  9. Hema bought two pairs of jeans for Rs. 1450 each. She sold one of them...

    Text Solution

    |

  10. A grocer purchased 200kg of rice at 25 per kg.He sold 80kg of it at a...

    Text Solution

    |

  11. If the selling price of a TV set is equal to 6/5 of its cost price, fi...

    Text Solution

    |

  12. If the selling price of a flower vase is 5/6 of its cost price, find t...

    Text Solution

    |

  13. By selling a bouquet for Rs.322 a florist gains 15%. At what price sho...

    Text Solution

    |

  14. By selling an umbrella for Rs. 336, a shopkeeper loses 4%. At what pri...

    Text Solution

    |

  15. A radio is sold for Rs. 3120 at a loss of 4%. What will be the gain or...

    Text Solution

    |

  16. Luxmi sold two sarees for Rs.1980 each. On one, she lost 10%. While on...

    Text Solution

    |

  17. A shopkeeper sold two fans for Rs. 1140 each. One he gains 14%, while...

    Text Solution

    |

  18. Vinod sold a watch to Arun at a gain of 12% and Arun had to sell it t...

    Text Solution

    |

  19. Ahmed buys a plot of land for Rs. 480000. He sells 2/5 of it at a los...

    Text Solution

    |

  20. A grocer bought sugar worth of Rs. 4500. He sold one-third of it at a ...

    Text Solution

    |