Quantitative Aptitude Ques 131

Question: Seema purchased an item for Rs. 9600 and sold it for loss of 5%. From that money she purchased another item and sold it for gain of 5%. What is her overall gain/loss?

Options:

A) Loss of Rs. 36

B) Profit of Rs. 24

C) Loss of Rs. 54

D) Profit of Rs. 36

E) None of these

Show Answer

Answer:

Correct Answer: E

Solution:

  • Cost price of the item = Rs. 9600 Selling price of the item $ =9600\times \frac{95}{100}\times \frac{95}{100}=Rs.9576 $ Selling price of another item $ =\frac{105}{100}\times 9576=9681 $ Profit $ =9681-9600=81 $