| Seema purchased an item for Rs. 9600 and sold it for loss of 5%. From that money she purchased another item and sold it for gain of 5%. What is her overall gain/loss? |
A) Loss of Rs. 36
B) Profit of Rs. 24
C) Loss of Rs. 54
D) Profit of Rs. 36
E) None of these
Correct Answer: E
Solution :
| Cost price of the item \[=\text{Rs}.\,\,9600\] |
| Selling price of the item \[=9600\times \frac{95}{100}\times \frac{95}{100}=\text{Rs}\text{.}\,\,\text{9576}\] |
| Hence, required loss \[=9600-9576=\text{Rs}\text{.}\,\,\text{24}\] |
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