1. Krishna purchased an item for Rs. 16,200 and sold it at the gain of 16%. From that amount he purchased another item and sold it at the loss of 20%. What is his overall gain/ loss ?
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By: anil on 05 May 2019 01.22 am
Case 1 : C.P. of 1st item = Rs. 16,200 S.P. of 1st item = $$frac{116}{100} imes 16,200$$ = Rs. 18,792 Case 2 : C.P. of 2nd item = Rs. 18,792 S.P. of 2nd item = $$frac{80}{100} imes 18,792$$ = Rs. 15,033.60 $$ herefore$$ Overall loss = C.P. - S.P. = Rs. (16,200 - 15,033.60) = Rs. 1,166.40
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