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Reshma buys two articles A and B for ₹1,...

Reshma buys two articles A and B for ₹1,734. She sells A at a loss of 16% and sells B at a gain of 20%. The selling price of both the articles is the same. If A is sold for ₹1,147.50, then the gain percent on A is:

A

12

B

10

C

12.5

D

10.5

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the given information and perform the necessary calculations. ### Step 1: Understand the Problem Reshma buys two articles A and B for a total of ₹1,734. She sells article A at a loss of 16% and article B at a gain of 20%. The selling price of both articles is the same, and we know that article A is sold for ₹1,147.50. ### Step 2: Calculate the Cost Price of Article A Since article A is sold at a loss of 16%, we can express the selling price (SP) in terms of the cost price (CP): \[ SP_A = CP_A - (16\% \text{ of } CP_A) = CP_A \times (1 - 0.16) = CP_A \times 0.84 \] Given that \(SP_A = ₹1,147.50\), we can set up the equation: \[ 1,147.50 = CP_A \times 0.84 \] To find \(CP_A\), we rearrange the equation: \[ CP_A = \frac{1,147.50}{0.84} \] ### Step 3: Calculate the Cost Price of Article A Now we perform the calculation: \[ CP_A = \frac{1,147.50}{0.84} = 1,365.48 \] ### Step 4: Calculate the Cost Price of Article B Since the total cost price of both articles A and B is ₹1,734, we can find the cost price of article B: \[ CP_B = 1,734 - CP_A \] Substituting the value of \(CP_A\): \[ CP_B = 1,734 - 1,365.48 = 368.52 \] ### Step 5: Calculate Selling Price of Article B Since article B is sold at a gain of 20%, we can express the selling price in terms of the cost price: \[ SP_B = CP_B + (20\% \text{ of } CP_B) = CP_B \times (1 + 0.20) = CP_B \times 1.20 \] Substituting the value of \(CP_B\): \[ SP_B = 368.52 \times 1.20 = 442.224 \] ### Step 6: Calculate the Gain Percentage on Article A The gain on article A can be calculated as: \[ \text{Gain} = SP_A - CP_A = 1,147.50 - 1,365.48 = -217.98 \] Since there is a loss, we will calculate the loss percentage instead: \[ \text{Loss Percentage} = \left(\frac{\text{Loss}}{CP_A}\right) \times 100 = \left(\frac{217.98}{1,365.48}\right) \times 100 \] Calculating this gives: \[ \text{Loss Percentage} = 15.98\% \] ### Final Answer The gain percent on article A is actually a loss of approximately 16%.
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