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- Quantitative Aptitude
7.Profit and Loss
easy
Rehaan purchased a bike for $Rs.\,54,000.$ He sold it at a loss of $8 \% .$ With that money, he again purchased another bike and sold that at a profit of $10$ percent. What is his overall loss/profit?
A
loss $Rs.\,657$
B
profit $Rs.\,567$
C
loss $Rs.\,648$
D
profit $Rs.\,648$
Solution
First selling price $=\frac{54000 \times 92}{100}=₹ 49680$
Second selling price $=49680 \times \frac{110}{100}=₹ 54648$
$\therefore \quad$ Profit $=54648-54000=Rs.\, 648$
Standard 13
Quantitative Aptitude