Profit And Loss Ques 34
Question.
Rehaan purchased a bike for ₹ 54,000 . He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/ profit?
(1) Loss of ₹ 657
(2) Profit of ₹ 567
(3) Loss of ₹ 648
(4) Profit of ₹ 648
(5) None of these
(Corporation Bank PO Exam. 16.01.2011)
Show Answer
Correct Answer: (4)
Solution: (4)
First S.P. $=\frac{54000 \times 92}{100}= \text{₹} 49680$
Second SP $=49680 \times \frac{110}{100}$ $= \text{₹} 54648$
$\therefore$ Profit $=54648-54000$ $= \text{₹} 648$
BETA
