Rani bought rice worth rs800.He sold three fourth of it at a loss of 10% and the remainder at a gain of 10%.Find her gain or loss on the whole transaction.
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Step-by-step explanation:
Rani sold three fourth at loss.
3/4 th of 800 = 600
Balance 1/4 th that is 800-600=200 was sold at 10% gain
Rice worth Rs 600 was sold at 10% loss
∴ 600X10/100= Rs 60 loss
Balancing rice of Rs 200 was sold at 10% gain
∴ 200X 10/100 = Rs 20 gain
Rani sold 3/4th at loss .
Selling price of 3/4th is 600-60= Rs 540
Rani sold 1/4th at gain
Selling price of 1/4th is 200+20 =Rs 220
∴Total sale proceed of the transaction amount is 540+220 = Rs 760
Total cost of rice Rs 800
Total selling price of rice Rs 760
∴ The loss in the entire transaction was Rs 800- Rs 760 = Rs 40
She made a loss of Rs 40 in the transaction.
Hope this help.
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