Question

Raju purchased an item for 4500/- and sold it at the gain of 15% . From that amount he purchased another item and sold it at the loss of 10% what is his overall gain or loss

Answer 1

15/100×4500
=675
10/100×675
=67.5
loss=c.p-s.p=4500-67.5
=4432.5

Answer 2

The profit% is 1.62%

Step-by-step explanation:

Cost price of article 1 = Rs.4500

Gain% = 15%

$Gain = 15\% \times (4500)\\Gain = \frac{15}{100} \times 4500$

Gain = 675

SP = CP + Gain

SP = 4500+675

SP=5175

We are given that  From that amount he purchased another item and sold it at the loss of 10%

CP = Rs.5175

Loss%=10%

$Loss= 10\% \times 5175\\Loss = \frac{10}{100} \times 5175$

Loss=517.5

SP= CP-Loss

SP = 5175-517.5

SP =4657.5

Total CP = 4500+5175=9675

Total SP = 5175+4657.5=9832.5

SP> CP

So, Profit

Profit = SP-CP = 9832.5  - 9675=157.5

$Profit\% = \frac{Profit}{CP} \times 100 \\Profit\% = \frac{157.5}{9675} \times 100\\Profit\% =1.62\%$

Hence The profit% is 1.62%

#Learn more:

Pwnkaj purchased an item for rs 7500 and sold it at the gain of 24%. from that amount he purchased another item and sold it at the loss of 20%. what is his overall gain

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