| Kamya purchased an item for Rs. 46000 and sold it at a loss of 12%. With that amount she purchased another item and sold it at a gain of 12%. What was her overall gain/loss? |
A) Loss of Rs. 662.40
B) Profit of Rs. 662.40
C) Loss of Rs. 642.80
D) Profit of Rs. 642.80
E) None of these
Correct Answer: A
Solution :
| \[\because \] CP of an item = Rs. 46000 |
| and loss per cent =12% |
| \[\therefore \]SP of an item \[=\frac{46000\times (100-12)}{100}\] |
| \[=\frac{46000\times 88}{100}=Rs.40480\] |
| Now, SP of another item \[=\frac{40480\times (100+12)}{100}\] |
| \[=\frac{40480\times 112}{100}=Rs.45337.60\] |
| Total loss \[=(46000-45337.60)=Rs.\,662.40\] |
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