Question 14 Marks
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 percent in the whole transaction.
Answer
View full question & answer→CP of first jeans = Rs. 1,450
Profit = 8% of CP $=\frac{8}{100}\times1450=\times1450=\text{Rs. }116$
SP of first jeans = Rs. 1,450 + Rs. 116 = Rs. 1,566
CP of second jeans = Rs. 1,450
Loss = 4% of CP $=\frac{4}{100}\times1450=\text{Rs. }58$
SP of second jeans = Rs. 1450 - Rs. 58 = Rs. 1,392
Total CP of two jeans = CP of first jeans + CP of second jeans
= Rs. 1,450 + Rs. 1,450 = Rs. 2,900
Total SP of two jeans = SP of first jeans + SP of second jeans
= Rs. 1,566 + Rs. 1,392 = Rs. 2,958
Here, Total SP of two jeans > Total CP of two jeans
Gain = Total SP of two jeans - Total CP of two jeans
= Rs. 2,958 - Rs. 2,900 = Rs. 58
$\therefore$ Gain % $=\frac{\text{gain}}{\text{total CP of two jeans}}\times100\%=\frac{58}{2900}\times100=2\%$
Profit = 8% of CP $=\frac{8}{100}\times1450=\times1450=\text{Rs. }116$
SP of first jeans = Rs. 1,450 + Rs. 116 = Rs. 1,566
CP of second jeans = Rs. 1,450
Loss = 4% of CP $=\frac{4}{100}\times1450=\text{Rs. }58$
SP of second jeans = Rs. 1450 - Rs. 58 = Rs. 1,392
Total CP of two jeans = CP of first jeans + CP of second jeans
= Rs. 1,450 + Rs. 1,450 = Rs. 2,900
Total SP of two jeans = SP of first jeans + SP of second jeans
= Rs. 1,566 + Rs. 1,392 = Rs. 2,958
Here, Total SP of two jeans > Total CP of two jeans
Gain = Total SP of two jeans - Total CP of two jeans
= Rs. 2,958 - Rs. 2,900 = Rs. 58
$\therefore$ Gain % $=\frac{\text{gain}}{\text{total CP of two jeans}}\times100\%=\frac{58}{2900}\times100=2\%$