Kamya purchased an item for Rs., 46,000 and sold it at aloss of 12 percent. With that amount she pur

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7.Profit and Loss

easy

Kamya purchased an item for $Rs.\, 46,000$ and sold it at aloss of $12$ percent. With that amount she purchased another item which he sold at a gain of $12 \% .$ What was her overall gain/loss?

A

Loss of $Rs.\,662.40$

B

Profit of $Rs.\, 662.40$

C

Loss of $Rs.\,642.80$

D

Profit of $Rs.\, 642.80$

Solution

First $S.P.$ $=\frac{46000 \times 88}{100}=740480$

Second $S.P.$ $=\frac{40480 \times 112}{100}=₹ 45337.6$

$\therefore$ Loss $=₹(46000-45337.6)=662.4$

Standard 13

Quantitative Aptitude

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