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Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction?
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Geeta sold to washing machines at 120000 each on one she gains 25% and...
Transaction Overview
Geeta sold two washing machines for 120,000 each. Let's break down the profit and loss on each machine and calculate the overall gain or loss.
Washing Machine 1: Gain Calculation
- Selling Price (SP): 120,000
- Gain Percentage: 25%
- Cost Price (CP):
- Since CP + Gain = SP
- Gain = 25% of CP = 0.25 * CP
- Therefore, CP + 0.25 * CP = 120,000
- 1.25 * CP = 120,000
- CP = 120,000 / 1.25 = 96,000
Washing Machine 2: Loss Calculation
- Selling Price (SP): 120,000
- Loss Percentage: 25%
- Cost Price (CP):
- Since CP - Loss = SP
- Loss = 25% of CP = 0.25 * CP
- Therefore, CP - 0.25 * CP = 120,000
- 0.75 * CP = 120,000
- CP = 120,000 / 0.75 = 160,000
Total Cost Price Calculation
- Total CP = CP of Machine 1 + CP of Machine 2
- Total CP = 96,000 + 160,000 = 256,000
Total Selling Price Calculation
- Total SP = SP of Machine 1 + SP of Machine 2
- Total SP = 120,000 + 120,000 = 240,000
Overall Gain/Loss Calculation
- Total Loss = Total CP - Total SP
- Total Loss = 256,000 - 240,000 = 16,000
Percentage Loss Calculation
- Percentage Loss = (Total Loss / Total CP) * 100
- Percentage Loss = (16,000 / 256,000) * 100 ≈ 6.25%
Conclusion
Geeta incurred an overall loss of approximately 6.25% in the whole transaction.
Geeta sold two washing machines for 120,000 each. Let's break down the profit and loss on each machine and calculate the overall gain or loss.
Washing Machine 1: Gain Calculation
- Selling Price (SP): 120,000
- Gain Percentage: 25%
- Cost Price (CP):
- Since CP + Gain = SP
- Gain = 25% of CP = 0.25 * CP
- Therefore, CP + 0.25 * CP = 120,000
- 1.25 * CP = 120,000
- CP = 120,000 / 1.25 = 96,000
Washing Machine 2: Loss Calculation
- Selling Price (SP): 120,000
- Loss Percentage: 25%
- Cost Price (CP):
- Since CP - Loss = SP
- Loss = 25% of CP = 0.25 * CP
- Therefore, CP - 0.25 * CP = 120,000
- 0.75 * CP = 120,000
- CP = 120,000 / 0.75 = 160,000
Total Cost Price Calculation
- Total CP = CP of Machine 1 + CP of Machine 2
- Total CP = 96,000 + 160,000 = 256,000
Total Selling Price Calculation
- Total SP = SP of Machine 1 + SP of Machine 2
- Total SP = 120,000 + 120,000 = 240,000
Overall Gain/Loss Calculation
- Total Loss = Total CP - Total SP
- Total Loss = 256,000 - 240,000 = 16,000
Percentage Loss Calculation
- Percentage Loss = (Total Loss / Total CP) * 100
- Percentage Loss = (16,000 / 256,000) * 100 ≈ 6.25%
Conclusion
Geeta incurred an overall loss of approximately 6.25% in the whole transaction.
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Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction?
Question Description
Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction?.
Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Geeta sold to washing machines at 120000 each on one she gains 25% and or another she loses 25% how much percent she does she gain or loose in the whole transaction?.
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