Home
Class 14
MATHS
Ran singh purchased two camels for Rs. 1...

Ran singh purchased two camels for Rs. 18,000 and Rs. 15,000 respectively. He sold them at a loss of 15% and a gain of 19% respectively. Find the selling price of each of the camels. Also find the overall gain or loss per cent in the transaction.

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first calculate the selling price of each camel, and then determine the overall gain or loss percentage from the transactions. ### Step 1: Calculate the Selling Price of the First Camel - **Cost Price (CP) of the first camel** = Rs. 18,000 - **Loss Percentage** = 15% To find the selling price (SP) when there is a loss, we use the formula: \[ SP = CP - (Loss \% \times CP) \] Calculating the loss amount: \[ Loss = \frac{15}{100} \times 18000 = 2700 \] Now, substituting the values into the selling price formula: \[ SP_1 = 18000 - 2700 = 15300 \] ### Step 2: Calculate the Selling Price of the Second Camel - **Cost Price (CP) of the second camel** = Rs. 15,000 - **Gain Percentage** = 19% To find the selling price (SP) when there is a gain, we use the formula: \[ SP = CP + (Gain \% \times CP) \] Calculating the gain amount: \[ Gain = \frac{19}{100} \times 15000 = 2850 \] Now, substituting the values into the selling price formula: \[ SP_2 = 15000 + 2850 = 17850 \] ### Step 3: Calculate the Total Cost Price and Total Selling Price - **Total Cost Price (TCP)** = CP of first camel + CP of second camel \[ TCP = 18000 + 15000 = 33000 \] - **Total Selling Price (TSP)** = SP of first camel + SP of second camel \[ TSP = 15300 + 17850 = 33150 \] ### Step 4: Calculate Overall Gain or Loss To find the overall gain or loss, we compare the total selling price with the total cost price: \[ Gain/Loss = TSP - TCP \] Calculating: \[ Gain/Loss = 33150 - 33000 = 150 \] ### Step 5: Calculate Overall Gain or Loss Percentage To find the gain or loss percentage, we use the formula: \[ \text{Gain/Loss Percentage} = \left( \frac{Gain/Loss}{TCP} \right) \times 100 \] Calculating: \[ \text{Gain Percentage} = \left( \frac{150}{33000} \right) \times 100 \approx 0.4545\% \] ### Final Results - **Selling Price of the first camel** = Rs. 15,300 - **Selling Price of the second camel** = Rs. 17,850 - **Overall Gain Percentage** = 0.45% (approximately) ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT, LOSS AND DISCOUNT

    ARIHANT SSC|Exercise INTRODUCTORY EXERCISE 6 .2|19 Videos
  • PROFIT, LOSS AND DISCOUNT

    ARIHANT SSC|Exercise EXERCISE (LEVEL 1)|70 Videos
  • PROFIT, LOSS AND DISCOUNT

    ARIHANT SSC|Exercise EXERCISE (LEVEL 2)|45 Videos
  • PROFIT AND LOSS

    ARIHANT SSC|Exercise Higher Skill Level Questions|16 Videos
  • QUADRATIC EQUATIONS

    ARIHANT SSC|Exercise Exercise Higher Skill Level questions|19 Videos

Similar Questions

Explore conceptually related problems

Ram Singh purchased two camels for ₹18,000 and ₹ 15,000 respectively. He sold them at a loss of 15% and a gain of 19% respectively. Find the selling price of each of the camels. Also find the overall gain or loss per cent in the transaction.

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 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.

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.

A person buys two watches for Rs. 1,000. He sells one at a loss of 5% and the other at 20% gain and on the whole he gains Rs. 50. Find the cost price of each watch.

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.

An article is sold for Rs. 6500 so as to earn a profit of 4% A second article whose cost price is Rs. 3750,is sold at a loss of 4% .What is the overall gain or loss percent in the whole transaction ?

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.