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A tape-recorder is sold for 2,760 at a g...

A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player is sold for Rs 3,240 at a loss of 10%. Find :
the gain % or the loss% on the whole.

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To find the overall gain or loss percentage when a tape recorder is sold at a gain of 15% and a CD player is sold at a loss of 10%, we can follow these steps: ### Step 1: Calculate the Cost Price of the Tape Recorder Given: - Selling Price (SP1) of the tape recorder = Rs 2760 - Gain % = 15% Using the formula for selling price: \[ SP = CP + \text{Gain} \] Where Gain = \( \frac{15}{100} \times CP \) We can rewrite the equation as: \[ SP1 = CP1 + 0.15 \times CP1 \] This simplifies to: \[ SP1 = CP1 \times (1 + 0.15) \] \[ 2760 = CP1 \times 1.15 \] Now, solving for CP1: \[ CP1 = \frac{2760}{1.15} \] Calculating this gives: \[ CP1 = 2400 \] ### Step 2: Calculate the Cost Price of the CD Player Given: - Selling Price (SP2) of the CD player = Rs 3240 - Loss % = 10% Using the formula for selling price: \[ SP = CP - \text{Loss} \] Where Loss = \( \frac{10}{100} \times CP \) We can rewrite the equation as: \[ SP2 = CP2 - 0.10 \times CP2 \] This simplifies to: \[ SP2 = CP2 \times (1 - 0.10) \] \[ 3240 = CP2 \times 0.90 \] Now, solving for CP2: \[ CP2 = \frac{3240}{0.90} \] Calculating this gives: \[ CP2 = 3600 \] ### Step 3: Calculate Total Cost Price and Total Selling Price Now we can calculate the total cost price (CP) and total selling price (SP): - Total CP = CP1 + CP2 = 2400 + 3600 = 6000 - Total SP = SP1 + SP2 = 2760 + 3240 = 6000 ### Step 4: Calculate Overall Gain or Loss To find the overall gain or loss: \[ \text{Overall Gain or Loss} = \text{Total SP} - \text{Total CP} \] \[ \text{Overall Gain or Loss} = 6000 - 6000 = 0 \] ### Step 5: Calculate Overall Gain or Loss Percentage Since there is no overall gain or loss: \[ \text{Gain or Loss Percentage} = \left( \frac{\text{Overall Gain or Loss}}{\text{Total CP}} \right) \times 100 \] \[ \text{Gain or Loss Percentage} = \left( \frac{0}{6000} \right) \times 100 = 0\% \] ### Final Answer: There is no gain or loss on the whole transaction, so the overall gain or loss percentage is **0%**. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (B)
  1. Find the selling price, if : C.P. = Rs 950 and profit = 8%

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  2. Find the selling price, if : C.P. = Rs 1,300 and loss = 13%

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  3. Find the cost price, if : S.P. = Rs 1,680 and profit = 12%

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  4. Find the cost price, if : S.P. = Rs 1,128 and loss = 6%

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  5. By selling an article for Rs 900, a man gains 20%. Find his cost price...

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  6. By selling an article for Rs 704, a person loses 12%. Find his cost pr...

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  7. Find the selling price, if : C.P. = Rs 352, overheads = 28 and profi...

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  8. Find the selling price, if : C.P. = 576, overheads = Rs 44 and loss=...

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  9. If John sells his bicycle for Rs 637, he will suffer a loss of 9%. For...

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  10. A man sells a radio-set for Rs 605 and gains 10%. At what price should...

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  11. By selling a sofa-set for Rs 2,500, the shopkeeper loses 20%. Find his...

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  12. Mr. Sinha sold two tape-recorders for Rs 990 each, gaining 10% on one ...

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  13. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  14. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  15. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  16. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  17. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  18. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  19. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  20. John sold an article to Peter at 20% profit and Peter sold it to Mohan...

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