Question

A man bought a second hand car for Rs. $76000$ and a TV, for Rs. $27500$. He sold the car at a gain of $15\%$ and the T.V. at a loss of $12\%$. Find the total amount gained or lost from the two transactions.

• A. gained Rs. $1800$
• B. lost Rs. $8100$
• C. gained Rs. $8100$
• D. lost Rs. $1800$

Answer 1

Answer: (C)

Total $C.P.$ of Car and TV $76000+27500=103500$
Car he sold on $15\%$ profit , so $S.P.$ of Car $=76000+76000\times \frac{15}{100}=76000+11400=87400$
TV he sold on $12\%$ loss, $S.P.$ of TV $=27500-27500\times \frac{12}{100}=27500-3300=24200$
Total Salling price $=87400+24200=111600$
$Gain=SP-CP$
$=111600-103500=8100$