Railways Exam  >  Railways Questions  >   Seema purchased an item for Rs.9,600 and sol... Start Learning for Free
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?
  • a)
    Loss of Rs.36
  • b)
    Loss of Rs.24
  • c)
    Loss of Rs.54
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 perc...
SP = 9600 x 95 / 100 = Rs. 9,120
Second S.P. = 9120 x 100 / 100 = Rs. 9,576
Loss = 9600 - 9576 = 24
View all questions of this test
Most Upvoted Answer
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 perc...
Given:
- Cost price of the item = Rs. 9,600
- Loss percentage = 5%

To find:
Overall gain/loss

Solution:
To find the overall gain/loss, we need to calculate the selling price of the item after the first transaction and then calculate the selling price after the second transaction.

1. Loss on the first transaction:
Loss percentage = 5%
Therefore, the selling price after the first transaction = Cost price - (Loss percentage/100) * Cost price
= 9600 - (5/100) * 9600
= 9600 - 480
= Rs. 9120

2. Gain on the second transaction:
Gain percentage = 5%
Therefore, the selling price after the second transaction = Selling price after the first transaction + (Gain percentage/100) * Selling price after the first transaction
= 9120 + (5/100) * 9120
= 9120 + 456
= Rs. 9576

Overall gain/loss:
Overall gain/loss = Selling price after the second transaction - Cost price
= 9576 - 9600
= -24

Conclusion:
Seema has an overall loss of Rs. 24. Therefore, option B is the correct answer.
Explore Courses for Railways exam
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. 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 Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Railways. Download more important topics, notes, lectures and mock test series for Railways Exam by signing up for free.
Here you can find the meaning of Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss?a)Loss of Rs.36b)Loss of Rs.24c)Loss of Rs.54d)None of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Railways tests.
Explore Courses for Railways exam

Top Courses for Railways

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev