Quantitative Aptitude Ques 768

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\text{.}9576 $ Hence, required loss $ =9600-9576=Rs\text{.}24 $
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