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Q.

Geetha sold 2 sarees each for Rs.6000. On one saree she got 25% profit and on another saree 25% loss. Then the loss or profit on the whole transaction is ____.


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Detailed Solution

Concept: There would be a loss of Rs.800. You can use the fundamental formula for profit and loss in these kinds of inquiries to calculate the product's cost price as well as the overall loss or profit.
Each saree is priced at Rs. 6000.
Geetha received a 25% profit for the saree.
Here, cost price Equals sp×100100+profit% Selling price (S.P.) is 6000×100100+25=Rs.4800.
For the saree in which Geetha suffered a 25% loss
Cost price = sp×100100-loss% in this instance. Selling price is defined as 6000×100100-25=Rs. 8000.
The total cost is therefore Rs. 12800= (8000 + 4800) .
Loss = Cost - Selling Price, or  12800 - 12000, or Rs. 800.
Hence, the answer is 800 Rs.
 ExamType: CBSE
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