Multiple Choice Questions on Rahul purchased an article for Rs 8400 and sold it for a loss of 5 From that money he purchased anot........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Rahul purchased an article for Rs 8400 and sold it for a loss of 5 From that money he purchased anot...........

Quant (SSC) Profit and loss
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    Rahul purchased an article for Rs. 8400 and sold it for a loss of 5%. From that money he purchased another article and sold it for a gain of 5%. What is the overall gain or loss?

    Profit of Rs.21

    Incorrect Answer

    Profit of Rs.24

    Incorrect Answer

    Loss of Rs.21

    Correct Answer

    Loss of Rs.24

    Incorrect Answer
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    Explanation:

    CP = 8400
    SP = 8400 * 95/100 = 7980
    CP = 7980
    SP = 7980 * 105/100 = 8379
    Difference = 8400 – 8379 = 21

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