Rama sold two cameras for Rs 4580 each. On selling one camera he lost 15%.On selling the other he gained 15%. Find his overall gain or loss percent in the whole transaction.
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solution,
1st condition,
SP=Rs.x(let)
loss%=15%
CP1=100×SP/100-L%
=100×x/100-15
=100x/85
=1.176x
2nd condition,
SP=Rs.(4580-x)
profit%=15%
CP2=100×SP/100+P%
=100(4580-x)/100+15
=100(4580-x)/115
=0.87(4580-x)
=3982.609-0.87x
now,
CP1=CP2
or,1.176=3982.609-0.87x
or,0.87x=3982.609-1.176
or,0.87x=3981.433
or,x=3981.433/0.87
or,x=4576.360
then putting the value of x in CP1
1.176x=1.176×4576.36=5381.799
thus CP=5381.799
hereCP>SP
Thus it is loss.
now
loss%=CP-SP/CP×100%
=5381.799-458/5381.799×100%
=801.799/5381.799×100%
=14.898%
THEREFORE,HIS LOSS PERCENT IS 14.898%.
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