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A man sold two mobile phones at RS 4500 each.He sold one at a loss of 15%and other at a gain of 15%.His loss or gain.?
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A man sold two mobile phones at RS 4500 each.He sold one at a loss of ...
Given


  • Price of one mobile phone sold at a loss of 15% = Rs 4500

  • Price of one mobile phone sold at a gain of 15% = Rs 4500



Solution

To calculate the overall loss or gain, we need to calculate the cost price of the mobile phones first.


Cost price of the mobile phone sold at a loss of 15%


  • Let's assume the cost price of the mobile phone sold at a loss of 15% be x

  • Selling price of the mobile phone = Rs 4500

  • Loss percentage = 15%


Using the formula:

Selling price = Cost price - (Loss/100) * Cost price

4500 = x - (15/100) * x

4500 = x - 0.15x

4500 = 0.85x

x = 5294.12

So, the cost price of the mobile phone sold at a loss of 15% is Rs 5294.12


Cost price of the mobile phone sold at a gain of 15%


  • Let's assume the cost price of the mobile phone sold at a gain of 15% be y

  • Selling price of the mobile phone = Rs 4500

  • Gain percentage = 15%


Using the formula:

Selling price = Cost price + (Gain/100) * Cost price

4500 = y + (15/100) * y

4500 = y + 0.15y

4500 = 1.15y

y = 3913.04

So, the cost price of the mobile phone sold at a gain of 15% is Rs 3913.04


Overall loss or gain


  • Total cost price = x + y = 5294.12 + 3913.04 = Rs 9207.16

  • Total selling price = 4500 + 4500 = Rs 9000

  • Loss = Total cost price - Total selling price = Rs 207.16


So, the man incurred an overall loss of Rs 207.16.
Community Answer
A man sold two mobile phones at RS 4500 each.He sold one at a loss of ...
There is no loss no gain.e.g he loss Rs 15 from one mobile and he gain Rs 15 from the other.so -15×(+15)=00 ans....
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A man sold two mobile phones at RS 4500 each.He sold one at a loss of 15%and other at a gain of 15%.His loss or gain.?
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A man sold two mobile phones at RS 4500 each.He sold one at a loss of 15%and other at a gain of 15%.His loss or gain.? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about A man sold two mobile phones at RS 4500 each.He sold one at a loss of 15%and other at a gain of 15%.His loss or gain.? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sold two mobile phones at RS 4500 each.He sold one at a loss of 15%and other at a gain of 15%.His loss or gain.?.
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