Samreen sells a keyboard for ₹1,260 at a profit of 25%, and another keyboard for ₹1,440 at a loss of 10%. What is her total gain or loss percentage?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. % gain.
Given that, SP at 25% profit = ₹1260
SP at 10% loss = ₹1440
Total SP = 1260 + 1440 = 2700
CP = SP
CP = SP
According to the given question,
CP at 25% profit = 1260
⇒ 1260 = 1008
CP at 10% loss = 1440
⇒ 1600
Total CP = 1600 + 1008
⇒ 2608
Now, SP > CP, Profit = SP - CP
⇒ 2700 - 2608 = 92
Profit percentage = = %
Hence the required answer is %.