Profit And Loss Ques 37
Question.
Kamya purchased an item of $ \text{₹} 46,000$ and sold it at a loss of 12 percent. With that amount she purchased another item and sold it at a gain of 12 percent. 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
(Allahabad Bank PO Exam. 17.04.2011)
Show Answer
Correct Answer: (1)
Solution: (1)
First S.P. $=\frac{46000 \times 88}{100}$ $= \text{₹} 40480$
Second S.P. $=\frac{40480 \times 112}{100}$ = ₹ 45337.6
$\therefore$ Loss $= \text{₹} (46000-45337.6)$ = ₹ 662.4
BETA
