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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 bought 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...
SP = 9600 x 95/100 = Rs.9,120
Second S.P. = 9120 x 105/100 = Rs.9,576
Loss = 9600 - 9576 = 24
Most Upvoted Answer
Seema purchased an item for Rs.9,600 and sold it for a loss of 5 perc...
Initial Purchase and Loss Calculation
Seema purchased an item for Rs. 9,600. She sold it at a loss of 5%. To calculate the selling price:
- Loss = 5% of Rs. 9,600
= (5/100) * 9,600
= Rs. 480
- Selling Price = Purchase Price - Loss
= 9,600 - 480
= Rs. 9,120
Investment from Selling Price
Seema then used the Rs. 9,120 to buy another item. She sold this item for a gain of 5%. To calculate the selling price of the second item:
- Gain = 5% of Rs. 9,120
= (5/100) * 9,120
= Rs. 456
- Selling Price = Purchase Price + Gain
= 9,120 + 456
= Rs. 9,576
Overall Gain/Loss Calculation
To find Seema's overall financial outcome, we compare her initial investment and the final amount from selling the second item:
- Initial Investment = Rs. 9,600
- Final Amount from Selling Second Item = Rs. 9,576
- Overall Loss = Initial Investment - Final Amount
= 9,600 - 9,576
= Rs. 24
Conclusion
Seema has an overall loss of Rs. 24. Thus, the correct answer is option 'B'.
Seema purchased an item for Rs. 9,600. She sold it at a loss of 5%. To calculate the selling price:
- Loss = 5% of Rs. 9,600
= (5/100) * 9,600
= Rs. 480
- Selling Price = Purchase Price - Loss
= 9,600 - 480
= Rs. 9,120
Investment from Selling Price
Seema then used the Rs. 9,120 to buy another item. She sold this item for a gain of 5%. To calculate the selling price of the second item:
- Gain = 5% of Rs. 9,120
= (5/100) * 9,120
= Rs. 456
- Selling Price = Purchase Price + Gain
= 9,120 + 456
= Rs. 9,576
Overall Gain/Loss Calculation
To find Seema's overall financial outcome, we compare her initial investment and the final amount from selling the second item:
- Initial Investment = Rs. 9,600
- Final Amount from Selling Second Item = Rs. 9,576
- Overall Loss = Initial Investment - Final Amount
= 9,600 - 9,576
= Rs. 24
Conclusion
Seema has an overall loss of Rs. 24. Thus, the correct answer is option 'B'.
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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 bought 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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Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money, she bought 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 bought 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 bought 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 bought 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 bought 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 bought 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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