Meera purchased an item for Rs 62,000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss ?

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BANK PO Exam (UCO Bank) 2011 click here to view all questions

Meera purchased an item for Rs 62,000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss ?

ALoss of Rs.1560

B Profit of Rs.1560

C Loss of Rs.1550

DProfit of Rs.1550

Nithin ? Aug 1 '2022 at 20:0

Correct answer is: Loss of Rs.1550

Explanation:

Last selling price

\(=\Large 62000 \times \frac{75}{100 \times \frac{130}{100}}\)

= Rs.60450
\(\text{Therefore, Loss = } \Large \left(62000 - 60450\right) \)

= Rs.1550

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Correct answer is: Loss of Rs.1550 Explanation: Last selling price \(=\Large 62000 \times \frac{75}{100 \times \frac{130}{100}}\) = Rs.60450 \(\text{Therefore, Loss = } \Large \left(62000 - 60450\right) \) = Rs.1550 Nithin ? answered Aug 1 '2022 at 20:0 All Comments

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