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Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. With that amount, she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?
  • a)
    Loss of Rs. 6.624
  • b)
    Loss of Rs. 6.644
  • c)
    Profit of Rs. 6.7
  • d)
    Profit of Rs. 6.625
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. ...
Explanation in English :
Loss of 12% = (88/100) X 460
= Rs. 404.8
On this amount, profit of 12% = (112/100) X 404.8
= 453.376
In overall transaction, since CP is greater than SP, it’s loss
Loss = 460 – 453.376
= Rs. 6.624
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Most Upvoted Answer
Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. ...
Calculation of overall gain/loss:

Step 1: Calculate the selling price of the first item after a 12% loss
Selling price = Cost price - (Loss percentage x Cost price)
Selling price = 460 - (0.12 x 460) = 460 - 55.2 = Rs. 404.8

Step 2: Calculate the cost price of the second item using the amount from the first sale
Cost price of the second item = Selling price of the first item = Rs. 404.8

Step 3: Calculate the selling price of the second item after a 12% gain
Selling price = Cost price + (Gain percentage x Cost price)
Selling price = 404.8 + (0.12 x 404.8) = 404.8 + 48.576 = Rs. 453.376

Step 4: Calculate the overall gain/loss
Overall gain/loss = Selling price of the second item - Cost price of the first item
Overall gain/loss = 453.376 - 460 = -6.624
Therefore, Ramya incurred a loss of Rs. 6.624 overall. The correct answer is option 'A'.
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Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. With that amount, she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?a)Loss of Rs. 6.624b)Loss of Rs. 6.644c)Profit of Rs. 6.7d)Profit of Rs. 6.625Correct answer is option 'A'. Can you explain this answer?
Question Description
Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. With that amount, she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?a)Loss of Rs. 6.624b)Loss of Rs. 6.644c)Profit of Rs. 6.7d)Profit of Rs. 6.625Correct answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. With that amount, she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?a)Loss of Rs. 6.624b)Loss of Rs. 6.644c)Profit of Rs. 6.7d)Profit of Rs. 6.625Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ramya purchased an item of Rs. 460 and sold it at loss of 12 percent. With that amount, she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?a)Loss of Rs. 6.624b)Loss of Rs. 6.644c)Profit of Rs. 6.7d)Profit of Rs. 6.625Correct answer is option 'A'. Can you explain this answer?.
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