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Wasim bought two cricket bats for Rs.840 and Rs.360 respectively. He sells the first bat at a gain of 15% and the second one at a loss of 5%. Find his gain or loss per cent in the whole transaction.

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answer is A.

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Detailed Solution

Concept- We know the cost price of each bat and profit and gain percent is given. Using that first we will find the SP of both bats and then check for profit or loss.
Two cricket bat C.P is

= Rs . 840

and Rs. 360
On first he gain

15 % = 840 + (840 \times 15 %)

SP = Rs . 966

On second he lose

15 % = 360 - (360 \times 5 %)

= Rs 342

Total

C . P = 840 + 360 = 1200

Total

S . P = 342 + 966 = Rs . 1308

Total gain

= 1308 - 1200 = Rs . 108

Gain%=

\frac{gain}{CP} \times

100
=

\frac{108}{1200} \times

100
=9%
So, gain% is 9%.
Hence, correct option is 1.

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