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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?
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Verified Answer
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 perc...
Loss = 9600 - 9576 = 24
Most Upvoted Answer
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 perc...
Given:
- Seema purchased an item for Rs.9,600.
- She sold the item for a loss of 5 percent.
- From the money she obtained, she purchased another item.
- She sold the second item for a gain of 5 percent.
To find:
What is Seema's overall gain/loss?
Solution:
To find Seema's overall gain/loss, we need to calculate the difference between the buying price and the selling price of the second item.
Step 1: Calculate the selling price of the first item.
Since Seema sold the first item at a loss of 5 percent, the selling price would be:
Selling price = Buying price - Loss
Selling price = Rs.9,600 - (5/100) * Rs.9,600
Selling price = Rs. 9,600 - Rs. 480
Selling price = Rs. 9,120
Step 2: Calculate the buying price of the second item.
Since Seema purchased the second item from the money obtained by selling the first item, the buying price of the second item would be Rs. 9,120.
Step 3: Calculate the selling price of the second item.
Since Seema sold the second item at a gain of 5 percent, the selling price would be:
Selling price = Buying price + Gain
Selling price = Rs. 9,120 + (5/100) * Rs. 9,120
Selling price = Rs. 9,120 + Rs. 456
Selling price = Rs. 9,576
Step 4: Calculate the overall gain/loss.
Overall gain/loss = Selling price of the second item - Buying price of the second item
Overall gain/loss = Rs. 9,576 - Rs. 9,120
Overall gain/loss = Rs. 456
The overall gain/loss for Seema is Rs. 456, which means she gained Rs. 456.
- Seema purchased an item for Rs.9,600.
- She sold the item for a loss of 5 percent.
- From the money she obtained, she purchased another item.
- She sold the second item for a gain of 5 percent.
To find:
What is Seema's overall gain/loss?
Solution:
To find Seema's overall gain/loss, we need to calculate the difference between the buying price and the selling price of the second item.
Step 1: Calculate the selling price of the first item.
Since Seema sold the first item at a loss of 5 percent, the selling price would be:
Selling price = Buying price - Loss
Selling price = Rs.9,600 - (5/100) * Rs.9,600
Selling price = Rs. 9,600 - Rs. 480
Selling price = Rs. 9,120
Step 2: Calculate the buying price of the second item.
Since Seema purchased the second item from the money obtained by selling the first item, the buying price of the second item would be Rs. 9,120.
Step 3: Calculate the selling price of the second item.
Since Seema sold the second item at a gain of 5 percent, the selling price would be:
Selling price = Buying price + Gain
Selling price = Rs. 9,120 + (5/100) * Rs. 9,120
Selling price = Rs. 9,120 + Rs. 456
Selling price = Rs. 9,576
Step 4: Calculate the overall gain/loss.
Overall gain/loss = Selling price of the second item - Buying price of the second item
Overall gain/loss = Rs. 9,576 - Rs. 9,120
Overall gain/loss = Rs. 456
The overall gain/loss for Seema is Rs. 456, which means she gained Rs. 456.
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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?.
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?.
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