Sort bought for 250 and sold at 150.
4. Rajinder bought one almirah for 4800 and the other for 3640. He sold the first
almirah at a gain of 13% and the other at a loss of 15%. How much did he gain
or lose in the whole deal?
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Given: Cost of 1st almirah = 4800₹
Cost of 2nd almirah = 3640₹
Gain on 1st almirah = 13℅
Loss on 2nd almirah = 15℅
To Find: Gain/Loss on whole deal
Step 1:
Selling Price of 1st almirah = 1.13×4800 = 5424 ₹
Selling Price of 2nd almirah = 0.75×3640 = 2730 ₹
Step 2:
Total Cost Price= 4800+3640 = 8440₹
Total Selling Price= 5424+2730 = 8154₹
Step 3:
C.P>S.P
Loss = 8440-8154
Loss = 286₹
℅ Loss =(286/8440)×100 = 3.38℅
Hence, Loss on whole transaction is 286₹
and ℅ loss is 3.38%
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