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A shopkeeper sold two fans for Rs. 1140...

A shopkeeper sold two fans for Rs. 1140 each. One he gains 14%, while on the other he loses 5%. Calculate his gain or loss percent in the whole transaction.

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To solve the problem step-by-step, we will calculate the cost price of each fan based on the selling price and the profit or loss percentage, and then determine the overall gain or loss. ### Step 1: Calculate the Cost Price of the First Fan - **Selling Price (SP) of the first fan** = Rs. 1140 - **Gain Percentage** = 14% Using the formula for cost price when there is a gain: \[ \text{Cost Price (CP)} = \frac{100}{100 + \text{Gain Percentage}} \times \text{SP} \] Substituting the values: \[ \text{CP of first fan} = \frac{100}{100 + 14} \times 1140 = \frac{100}{114} \times 1140 \] Calculating: \[ \text{CP of first fan} = 1000 \] ### Step 2: Calculate the Cost Price of the Second Fan - **Selling Price (SP) of the second fan** = Rs. 1140 - **Loss Percentage** = 5% Using the formula for cost price when there is a loss: \[ \text{Cost Price (CP)} = \frac{100}{100 - \text{Loss Percentage}} \times \text{SP} \] Substituting the values: \[ \text{CP of second fan} = \frac{100}{100 - 5} \times 1140 = \frac{100}{95} \times 1140 \] Calculating: \[ \text{CP of second fan} = 1200 \] ### Step 3: Calculate Total Selling Price (SP) and Total Cost Price (CP) - **Total Selling Price (SP)** = SP of first fan + SP of second fan \[ \text{Total SP} = 1140 + 1140 = 2280 \] - **Total Cost Price (CP)** = CP of first fan + CP of second fan \[ \text{Total CP} = 1000 + 1200 = 2200 \] ### Step 4: Calculate Overall Gain or Loss - **Gain or Loss** = Total SP - Total CP \[ \text{Gain or Loss} = 2280 - 2200 = 80 \] ### Step 5: Calculate Gain or Loss Percentage Using the formula for gain or loss percentage: \[ \text{Gain or Loss Percentage} = \left(\frac{\text{Gain or Loss}}{\text{Total CP}}\right) \times 100 \] Substituting the values: \[ \text{Gain Percentage} = \left(\frac{80}{2200}\right) \times 100 \approx 3.64\% \] ### Final Result The shopkeeper has a gain of approximately **3.64%** in the whole transaction. ---
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RS AGGARWAL-PROFIT AND LOSS -EXERCISE 10A
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  2. A dealer sold camera for Rs. 1080 gaining 1/8 of its cost price. Find...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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