Jasmeet bought rice worth Rs. 800. He sold three-fourths of it at loss of 10% and the remainder at a gain of 10%. Find her gain or loss on the whole transaction.
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Actual price of rice sold= 800×3/4
= rs. 600
Loss on rice sold= 600×10/100
= Rs. 60
selling price of 3/4th rice is rs. 540
After selling 3/4th rice, the remaining portion of rice = 1- 3/4
=1/4
Actual price of rice sold = 800×1/4
= rs. 200
gain on rice sold = 10% ×200
= rs. 20
selling price of rice is rs. 220
selling price of the whole rice = rs. 540+220
= rs. 760
The loss on the sell of rice = rs. 40.
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