Question : Shivam purchased two watches, the first for Rs. 12000 and the second for Rs. 16000. He sold both watches, the first one at a profit of 10% and the second at a loss of 10%. What is the overall profit or loss?
Option 1: Profit = Rs. 600
Option 2: Profit = Rs. 200
Option 3: Loss = Rs. 800
Option 4: Loss = Rs. 400
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Loss = Rs. 400
Solution : For the First watch: ⇒ SP 1 = CP + $\frac{\text{Profit percentage×CP}}{100}$ = 12000 + $\frac{(10×12000)}{100}$ = 12000 + 1200 = Rs. 13200 For the second watch: ⇒ SP 2 = CP – $\frac{\text{Loss percentage × CP }}{100}$ = 16000 – $\frac{(10×16000) }{100}$ = 16000 – 1600 = Rs.14400 ⇒ Overall profit or loss = (SP 1 + SP 2 ) – (CP 1 + CP 2 ) = (13200 + 14400) – (12000 + 16000) = 27600 – 28000 = – 400 Hence, the correct answer is 'Loss = Rs. 400'.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : Shivam purchased two watches, the first for Rs. 12000 and the second for Rs. 10000. He sold both watches, the first one at a profit of 10 percent and the second at a loss of 10 percent. What is the overall profit or loss?
Question : Anusha purchased a television and a camera for INR 12,000 and INR 8,000, respectively. She sold the television at a loss of 10 percent, and the camera at a profit of 12 percent. What was her overall loss/profit?
Question : A purchased two articles for Rs. 400 and Rs. 600 respectively and sold at gains of 10% and 20% respectively. What was his overall gain percentage?
Question : By selling an article at Rs. 425, a shopkeeper had a loss of 15%. At what price should be sell the article to make a profit of 20%?
Question : A refrigerator and a washing machine were sold for Rs. 24000 each. If the refrigerator was sold at a gain of 20% and the washing machine at a loss of 20%. What is the overall profit or loss percent in the whole transaction?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile