Multiple Choice Questions on After selling a table worth Rs 12000 at 20 loss a trader buys a TV with the same money Next he sold ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

After selling a table worth Rs 12000 at 20 loss a trader buys a TV with the same money Next he sold ...........

Quantitative Aptitude ( CCS) Profit and loss
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    After selling a table worth Rs 12000 at 20% loss, a trader buys a TV with the same money. Next he sold the TV at 20% profit. What is his profit/loss in the whole transaction?

    Rs 480 loss

    Correct Answer

    Rs 450 loss

    Incorrect Answer

    Rs 480 gain

    Incorrect Answer

    No profit no loss

    Incorrect Answer
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    Explanation:

    Solution: 
    12000 – 2400 (20% loss) = 9600
    9600 + 1920 (20% profit on 9600) = 11520
    So 12000 – 11520 = 480 Rs loss

    By: Pranav Gupta
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