# Hasimabibi sold each of two handloom factories at Rs. 1248. She makes a profit of 4% for the first, but makes a loss of 4% for the 2nd. What is her overall profit or loss?

Formula used.

Loss/profit percent = × 100%

Selling price of each handloom = Rs. 1248

In case of 1st 4% profit is made

Let the cost price of handloom be X

Profit = Selling price – Cost price

= 1248 – X

Loss/profit percent = × 100%

4% = × 100%

4X = 124800 – 100X

100X+4X = 124800

104X = 124800

X= = 1200

Profit = 1248 – 1200 = Rs. 48

In case of 2nd 4% loss is made

Let the cost price of handloom be Y

Loss = Cost price – Selling price

= X – 1248

Loss/profit percent = × 100%

4% = × 100%

4X = 100X - 124800

100X – 4X = 124800

96X = 124800

X= = 1300

Loss = 1300 - 1248 = Rs. 52

Overall = Rs. 48 – Rs52 = – Rs. 4

Overall loss of Rs. 4

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Speed and Velocity59 mins
Wren and Martin | Grammar44 mins
Antibiotics and Vaccines39 mins
Disease and its Types44 mins
Matter and Its Classification34 mins
Foundation | Permutation and Combination44 mins
Champ Quiz | Mixtures and their Classification30 mins
Quiz | Median and Mode29 mins
Changes: Type and Characteristics48 mins
Vulcanism and Earthquakes37 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses