Two articles are sold for Rs. 4,752 each. On one, the seller gains 32% and on the other he loses 28%. What is his overall gain or loss percentage, correct to one decimal place?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer is option 1 i.e. 6.8% loss
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Concept |
Understanding |
Application |
Fair calculation |
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Loss = CP – SP |
Given: SP of each article = Rs. 4752 Total SP of both article = 4752 × 2 = 9504 |
CP of first article = 4752 × [100/132] = 3600 CP of second article = 4752 × [100/72] = 6600 Hence, Total CP of both article = 3600 + 6600 = 10200 Hence, Loss percentage = [(10200 – 9504)/10200] × 100 = 6.8% (Approx.) |
4752 × [100/132] = 36 × 100 = 3600 4752 × [100/72] = 66 × 100 = 6600 [(10200 – 9504)/10200] × 100 = [696/10200] × 100 = 6.823 |