Question

Kamya purchased an item for 746,000 and sold it at a
loss of 12 per cent. With that amount she purchased
another item and sold it at a gain of 12 per cent. What
was her overall gain/loss?

Answer 1

sold at a loss of 12% means Kamya lost 12% of 746,000
12% is written as 0.12
0.12 of 746,000 means 0.12 times 746,000 or 0.12*746,000
the amount Kamya gets from the sale is 746,000 - 0.12*746,000
you can figure that number out, right ?

notice you can factor out the 746,000 to get
746,000 * (1-0.12) = 746,000 *0.88 This is another way to write it.

Answer 2

With that amount she purchased
another item and sold it at a gain of 12 per cent

that means Kamya got 12% more than 746,000 *0.88
we can write that as 1.12 * 746,000 *0.88 or
0.88*1.12* 746,000
the overall gain or loss is
0.88*1.12* 746,000 - 746,000 which is
(0.88*1.12-1)* 746,000

Answer 3

right answer

Answer 4

1074.24 .this is not the answer

Answer 5

) Loss of `662.40

Answer 6

Kamya purchased an item for 746,000 and sold it at a
loss of 12 per cent. With that amount she purchased
another item and sold it at a gain of 12 per cent. What
was her overall gain/loss?
1) Loss of `662.40 2) Profit of `662.40
3) Loss of `642.80 4) Profit of `642.80
5) None of these