Profit and Loss Practice Test 5

Question : 10 of 40

Marks: +1, -0

Prashant purchased an item for Rs 8,700 and sold it at a loss of 12%. With that amount, he purchased another article and sold it at a profit of 13.64%. Find the net profit or loss of Prashant.

Rs 49, Loss
Rs 13, Profit
Rs 700, Profit
Approximately no profit or loss
Cannot be determined

Validate

Solution:

CP of the item = Rs 8,700
SP of the item =

8,700 -12/100  × 8,700

= Rs 7,656
New SP of the item =

7,656+ 13.64/100  × 7,656

= Rs 8,700.27

Go to Question:

Prev Question

Next Question