Quantitative Aptitude Ques 2178

Question: Rehaan purchased a bike for Rs. 54000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?

Options:

A) Loss of Rs. 657

B) Profit of Rs. 567

C) Loss of Rs. 648

D) Profit of Rs. 648

E) None of these

Show Answer

Answer:

Correct Answer: D

Solution:

  • First $ SP=\frac{54000\times 92}{100}=Rs.,49680 $ Second $ SP=49680\times \frac{110}{100}=Rs.54648 $

$ \therefore $ Profit $ =,54648-54000=Rs.648 $

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