Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased another item and sold it at the loss of 10%. What is his overall gain/loss?	Choices:	A) Gain of Rs.151.50	B) Gain of Rs.157.50	C) Loss of Rs.165	D) neither gain nor loss	E) None of these
Explanation:   1st SP = Rs.4500 + 15% of 4500 = Rs.4500+Rs.675 = Rs.5175   2nd CP = Rs.5175.   SP = Rs.5175 – 10% of 5175 = Rs.4657.50   Overall gain = Rs.4657.50 – 4500 = Rs.157.50   Answer: Option Gain of Rs.157.50
<result>B</result>
Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased another item and sold it at the loss of 10%. What is his overall gain/loss?