Question

Vinayak purchased a mobile phone for rupees 8400 and a pair of shoes for rupees 2800. He sold the mobile at a loss of 5% and the pair of shoes afor a gain of 20% . Find his total gain or loss.

Answer 1

ANSWER = 1.25 %

5 % loss means mobile sold at

= 8400× 95 / 100

= 7980 rs

20 % gain means pair of shoes sold at

= 2800×120/100

= 3360rs

so total sp = 7980+ 3360 =11340 rs

total cp = 8400+ 2800=11200 rs

so gain 11340- 11200 = 140 rs

gain % = 140 × 100/ 11200

=1.25 %

hope it will help you

Answer 2

Solutions :-

Given :
Vinayak purchased a mobile phone for Rs 8400 and a pair of shoes for Rs 2800

Find the Selling price of mobile at a loss of 5% :-

S.P = C.P - Loss % of C.P
= 8400 - 5 % of 8400
= 8400 - 420
= 7980

Find the Selling price of Shoes at a gain of 20% :-

S.P = C.P + gain % of C.P
= 2800 + 20% of 2800
= 2800 + 560
= 3360

Now we have,
Total cost price of mobile and shoes = Rs (8400 + 2800) = Rs 11200
Total selling price of mobile and shoes = Rs (7980 + 3360) = 11340

Selling price is greater than the Cost price. Therefore, Profit.

Profit = S.P - C.P
= Rs (11340 - 11200)
= Rs 140

Hence,
His total gain = Rs 140