Question : Shivam purchased two watches, the first for Rs. 12000 and the second for Rs. 20,000. He sold both watches, the first one at a profit of 10 percent and the second at a loss of 20 percent. What is the overall profit or loss?
Option 1: Profit = Rs. 2600
Option 2: Loss = Rs. 2800
Option 3: Loss = Rs. 2400
Option 4: Profit = Rs. 2200
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Loss = Rs. 2800
Solution : Given: First watch price = Rs. 12,000 Profit percentage = 10% ⇒ Profit on the first watch = $\frac{10}{100} ×$ 12,000 = Rs. 1,200 Second watch price = Rs. 20,000 Loss percentage = 20% ⇒ Loss on the second watch = $\frac{20}{100} ×$ 20,000 = Rs. 4,000 ⇒ Total loss = 4000 – 1200 = Rs. 2,800 Hence, the correct answer is 'Loss = Rs. 2800'.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : A dealer sells two machines at the rate of Rs. 15000 per machine. On one he earns a profit of 20 percent and on the other, he loses 40 percent. What is his profit/loss percentage in the whole transaction?
Question : Manoj bought two TVs for Rs. 2280. He sold one at a loss of 20% and the other at a profit of 10%. If each TV was sold for the same price, then what is the cost price of the TV that was sold at a loss?
Question : A shopkeeper sells a table at a discount of 20 percent and earns a profit of 30 percent. If he sells the same table at a 10 percent discount, then what will be his new profit or loss percent?
Question : Sourabh purchased an article for INR 48,000 and sold it at a loss of 12%. With that amount, she purchased another item and sold it at a gain of 20%. What is the overall gain or loss in INR?
Question : A table is sold at Rs 1800 at a loss of 10%. At what price should it be sold to earn a profit of 15%?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile