Profit and loss

Quant (SSC)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

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

Profit Rs. 567

Loss Rs. 648

Profit Rs. 648

Explanation:

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

By: Amit Kumar

Profile ResourcesReport error

Trial Period Ended