Meera purchased an item for Rs 52,000 and sold it at a loss of 30 perc...
To find the overall gain or loss, we need to calculate the amount Meera made from selling the first item and the amount she made from selling the second item.
Selling the first item:
Meera purchased the item for Rs 52,000. She sold it at a loss of 30%.
Loss = 30% of Rs 52,000 = (30/100) * 52,000 = Rs 15,600
Amount received from selling the first item = Rs 52,000 - Rs 15,600 = Rs 36,400
Selling the second item:
Meera used the amount of Rs 36,400 from selling the first item to purchase the second item. She sold it at a gain of 40%.
Gain = 40% of Rs 36,400 = (40/100) * 36,400 = Rs 14,560
Amount received from selling the second item = Rs 36,400 + Rs 14,560 = Rs 50,960
Calculating the overall gain/loss:
Overall gain/loss = Amount received from selling the second item - Amount spent on the first item
= Rs 50,960 - Rs 52,000 = - Rs 1,040
Therefore, the overall gain/loss is a loss of Rs 1,040.
Hence, option A is the correct answer.
Meera purchased an item for Rs 52,000 and sold it at a loss of 30 perc...
B