Multiple Choice Questions on Kohli puchased a batting kit for Rs 54000 He sold it at a loss of 8 per cent With this money he agai........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Kohli puchased a batting kit for Rs 54000 He sold it at a loss of 8 per cent With this money he agai...........

Quant (SSC) Profit and loss
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    Kohli puchased a batting kit for Rs. 54000. He sold it at a loss of 8 per cent. With this money he again purchased another batting kit and sold it at a profit of 10 per cent. What is his overall loss/profit?

    Loss Rs. 657
    Incorrect Answer

    Profit Rs. 567

    Incorrect Answer

    Loss Rs. 648

    Incorrect Answer

    Profit Rs. 648

    Correct Answer
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    Explanation:

    First selling price = 54000 × 92 /100 = Rs. 49680
    = 49680 × 110/100  = Rs. 54648
    ∴  Profit = 54648 – 54000 = Rs. 648

    By: Amit Kumar
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