Pooja sold two of her cars for Rs 350000 each. On one, she made a gain of 25% and on the other a loss of 20%. Find her overall gain or loss.

Options

A. Loss of Rs 18000
B. Gain of Rs 38000
C. Gain of Rs 42000
D. Loss of Rs 17500

Answer

To solve the problem step by step, we will calculate the cost price (CP) of each car based on the selling price (SP) and the gain or loss percentage, and then determine the overall gain or loss.

### Step 1: Calculate the Cost Price of the First Car (with 25% Gain)

1. Let the cost price of the first car be \( X \).
2. Given that the selling price is Rs. 350,000 and the gain is 25%, we can express this as:
\[ SP = CP + \text{Gain} = X + 0.25X = 1.25X \]
Therefore, we have:
\[ 1.25X = 350000 \]
3. To find \( X \), we rearrange the equation:
\[ X = \frac{350000}{1.25} \]