Seema purchased an item for Rs., 9600 and sold it for loss of 5 percent. From that money she purchas

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7.Profit and Loss

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Seema purchased an item for $Rs.\, 9600$ and sold it for loss of $5$ percent. From that money she purchased another item and sold it for gain of $5$ percent. What is her overall gain/loss?

A

Loss of $Rs.\,36$

B

Profit of $Rs.\,24$

C

Loss of $Rs.\,54$

D

None of these

Solution

cost price of the item $=Rs.\, 9600$

Selling price of the item, $=9600 \times \frac{95}{100} \times \frac{105}{100}$

$=₹ 9576$

Hence, required $\operatorname{loss}=9600-9576$

$=Rs.\, 24$

Standard 13

Quantitative Aptitude

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