Quantitative Aptitude Ques 359

Question: Kamya purchased an item for Rs. 46000 and sold it at a loss of 12%. With that amount she purchased another item and sold it at a gain of 12%. What was her overall gain/loss?

Options:

A) Loss of Rs. 662.40

B) Profit of Rs. 662.40

C) Loss of Rs. 642.80

D) Profit of Rs. 642.80

E) None of these

Show Answer

Answer:

Correct Answer: A

Solution:

  • $ \because $ CP of an item = Rs. 46000 and loss per cent =12%

$ \therefore $ SP of an item $ =\frac{46000\times (100-12)}{100} $ $ =\frac{46000\times 88}{100}=Rs.40480 $ Now, SP of another item $ =\frac{40480\times (100+12)}{100} $ $ =\frac{40480\times 112}{100}=Rs.45337.60 $ Total loss $ =(46000-45337.60)=Rs.,662.40 $