COST price of the item SOLD at 31% gain = 18602 × 100/(100 + 31) = RS. 14200The cost price of the item sold at 29% loss = 18602 × 100/(100 – 29) = Rs. 26200⇒ The total cost price of both the items = 14200 + 26200 = Rs. 40400The total selling price of both the items = 18602 + 18602 = Rs. 37204Loss = Total cost price – Total selling price⇒ 40400 – 37204⇒ Rs. 3196∴ Loss percent = (3196/40400) × 100 = 7.91%

"> COST price of the item SOLD at 31% gain = 18602 × 100/(100 + 31) = RS. 14200The cost price of the item sold at 29% loss = 18602 × 100/(100 – 29) = Rs. 26200⇒ The total cost price of both the items = 14200 + 26200 = Rs. 40400The total selling price of both the items = 18602 + 18602 = Rs. 37204Loss = Total cost price – Total selling price⇒ 40400 – 37204⇒ Rs. 3196∴ Loss percent = (3196/40400) × 100 = 7.91%

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Two items are sold for Rs. 18,602 each. On one item there has been a gain of 31% and on the second item a loss of 29%. What was the overall loss or gain in the transaction?

General Knowledge General Awareness in General Knowledge . 7 months ago

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The COST price of the item SOLD at 31% gain = 18602 × 100/(100 + 31) = RS. 14200The cost price of the item sold at 29% loss = 18602 × 100/(100 – 29) = Rs. 26200⇒ The total cost price of both the items = 14200 + 26200 = Rs. 40400The total selling price of both the items = 18602 + 18602 = Rs. 37204Loss = Total cost price – Total selling price⇒ 40400 – 37204⇒ Rs. 3196∴ Loss percent = (3196/40400) × 100 = 7.91%

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Posted on 22 Nov 2024, this text provides information on General Knowledge related to General Awareness in General Knowledge. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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