Profit And Loss Ques 35
Question.
Meera purchased an item for $ \text{₹} 62,000$ and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss?
(1) Loss of ₹ 1560
(2) Profit of ₹ 1560
(3) Loss of ₹ 1550
(4) Profit of ₹ 1550
(5) None of these
(UCO Bank PO Exam. 30.01.2011)
Show Answer
Correct Answer: (3)
Solution: (3)
Last selling price $=62000 \times \frac{75}{100} \times \frac{130}{100}$ $= \text{₹} 60450$
$\therefore$ Loss $= \text{₹} (62000-60450)$ $= \text{₹} 1550$
BETA
