What is his over all gain/ loss?

Sohan Purchased an item for Rs. 6500 and sold it at a gain of 24 %. From that amount he purchased another item and sold it at a loss of 20 %. What is his overall gain/loss?

 

  1. Profit of Rs. 50
  2.  Loss of Rs. 52
  3.  Loss of Rs. 48
  4.  None of these
mohitverma Default Asked on 27th July 2015 in Maths.
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1 Answer(s)

Answer: (2) Loss of Rs. 52

Explanation:-
Sohan purchased  an item = Rs.6500
Profit = 24 %
Then, the selling price = 6500 x 124/100
= Rs.8060
Profit = 8060 – 6500
= Rs.1560

He purchased other item = Rs.8060
Loss = 20 %
Then, the selling price = 8060 x 80/100
= Rs.  6448
Loss = 8060 – 6448
= Rs.1612

Allover loss = 1612 – 1560
= Rs.52.

Then, the total loss is Rs. 52.

Hence, the answer is (2) Loss of Rs.52.

Anurag Mishra Professor Answered on 9th August 2015.
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