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Profit and Loss Practice Test 6
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© examsnet.com
Question : 14
Total: 40
Kamya purchased an item for Rs 46,000 and sold it at a loss of 12%. With that amount, she purchased another item and sold it at a gain of 12 per cent. What was her overall gain/loss?
Loss of Rs 662.40
Profit of Rs 662.40
Loss of Rs 642.80
Profit of Rs 642.80
Validate
Solution:
Cost price of an item = Rs 46,000
Loss per cent = 12%
Sale price of the item
=
4600
−
12
100
×
46000
= Rs 4,0480
Cost price of another item = Rs 40,480
Profit per cent = 12%
Sale price
=
40
,
480
+
12
100
×
40
,
480
= Rs 45,337.6
His overall loss = 46,000 - 45,337.6 = Rs 662.40
© examsnet.com
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