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Gulshan went to market and bought a pair of gloves for Rs 600 from shop A. When he was returning he saw the same pair of gloves in Shop B being marked at Rs 640 and when he asked the shopkeeper they were ready to give him a discount of 25% on the marked price. Gulshan came up with an idea. He sold the pair of gloves bought from shop A at a loss of 10% and then returned buying the pair of gloves from shop B. How much he saves in this whole transaction?

Gulshan went to market and bought a pair of gloves for Rs 600 from shop A. When he was returning he saw the same pair of gloves in Shop B being marked at Rs 640 and when he asked the shopkeeper they were ready to give him a discount of 25% on the marked price. Gulshan came up with an idea. He sold the pair of gloves bought from shop A at a loss of 10% and then returned buying the pair of gloves from shop B. How much he saves in this whole transaction? Correct Answer Rs. 60

Solution:

Given:

Price of gloves in Shop A is 600

Price of gloves in shop B is 640

Discount offered in Shop B is 25%

Gulshan resold gloves at 10% loss

Calculation:

Gulshan sold the pair of gloves at Rs. 600 × 90%

⇒ Gulshan sold the pair of gloves at Rs. 540

Gulshan bought the pair of gloves from shop B at Rs. 640 × 75%

⇒ Gulshan bought the pair of gloves from shop B at Rs. 480

Total savings = Rs. 540 – 480

∴ Gulshan saves Rs. 60

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