Rita buys an article for Rs. 9600. She sold it at 12 % loss and get some money and from that money s

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7.Profit and Loss

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Rita buys an article for $Rs.$ $9600.$ She sold it at $12 \%$ loss and get some money and from that money she again buys an article and this time she got $12 \%$ profit. What was profit or loss she got form this transaction in $Rs.$?

A

$130$

B

$138$

C

$138.24$

D

$138.42$

Solution

Initial $C P=$ $Rs. 9600$

SP after selling it at $12 \%$ Loss $=$ Rs. $9600 \times \frac{88}{100}$

New $C P=R s .8448$

Final $SP$ after selling new $CP$ price at $12 \%$ gain

$\Rightarrow$ Rs. $8448 \times \frac{112}{100}=$ $Rs.9461.76$

So, Total Loss $=$ Initial $C P-$ Final $S P$ $=$ $Rs$. $[9600-9461.76]=$ $Rs. 138.24$

Standard 13

Quantitative Aptitude

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