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Seema purchased an item for 9600 and sol...

Seema purchased an item for 9600 and sold it for loss of 5%. From that money she purchased another item and sold it for gain of 5%. What is her overall gain/loss ?

A

36

B

24

C

54

D

38

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate Seema's overall gain or loss from her transactions. ### Step 1: Calculate the Selling Price after Loss Seema purchased an item for ₹9600 and sold it at a loss of 5%. To find the selling price (SP) after a loss, we use the formula: \[ \text{SP} = \text{CP} \times \left(1 - \frac{\text{Loss\%}}{100}\right) \] Where: - CP = Cost Price = ₹9600 - Loss% = 5% Substituting the values: \[ \text{SP} = 9600 \times \left(1 - \frac{5}{100}\right) \] \[ \text{SP} = 9600 \times \left(1 - 0.05\right) \] \[ \text{SP} = 9600 \times 0.95 \] \[ \text{SP} = 9120 \] ### Step 2: Calculate the Cost Price of the Second Item Seema used the money from the first sale (₹9120) to purchase another item. ### Step 3: Calculate the Selling Price after Gain Now, she sells the second item at a gain of 5%. To find the selling price (SP) after a gain, we use the formula: \[ \text{SP} = \text{CP} \times \left(1 + \frac{\text{Gain\%}}{100}\right) \] Where: - CP = Cost Price of the second item = ₹9120 - Gain% = 5% Substituting the values: \[ \text{SP} = 9120 \times \left(1 + \frac{5}{100}\right) \] \[ \text{SP} = 9120 \times \left(1 + 0.05\right) \] \[ \text{SP} = 9120 \times 1.05 \] \[ \text{SP} = 9576 \] ### Step 4: Calculate Overall Gain or Loss Now, we need to find the overall gain or loss. Overall Gain/Loss can be calculated as: \[ \text{Overall Gain/Loss} = \text{Final Selling Price} - \text{Initial Cost Price} \] Where: - Final Selling Price = ₹9576 - Initial Cost Price = ₹9600 Substituting the values: \[ \text{Overall Gain/Loss} = 9576 - 9600 \] \[ \text{Overall Gain/Loss} = -24 \] This means Seema has an overall loss of ₹24. ### Final Answer Seema's overall loss is ₹24. ---
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