Varun sold two almirahs for for rs 2730 each on one he lost 9% while on the other he gainned 15% find his gain or loss on the whole transmission
Answers
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Find the total cost price:
Rs 2730 x 2 = Rs 5460
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Find the earnings from the one sold at the loss of 9%:
loss = 9% x 2730 = 0.09 x 2730 = Rs 245.70
Earnings = 2730 - 245.70 = Rs 2484.30
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Find the earnings from the one sold at the gain of 15%:
15% gain = 15% x 2730 = 0.15 x 2730 = Rs 409.50
Earnings = 2730 + 409.50 = Rs 3139.50
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Find total earnings
3139.50 + 2484.30 = Rs 5622.80
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Find gain percentage:
Gain = Total earnings - Total cost price
Gain = 5623.80 - 5460 = Rs 163.80
Gain percentage = gain/cost price x 100
Gain percentage = 163.8/5460 x 100 = 3%
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Answer: There is a gain of 3% for this transaction
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