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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    Rehaan purchased a bike for Rs. 54000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?

    A) Loss, Rs. 657    

    B) Profit, Rs. 567

    C) Loss, Rs. 648

    D) Profit, Rs. 648

    Correct Answer: D

    Solution :

    [d] \[\because \]CP of bike = Rs. 54000 and loss per cent = 8% \[\therefore \] SP of bike \[=\frac{54000\times (100-8)}{100}\] = Rs. 49680 Now, SP of another bike             \[=\frac{49680\times (100+10)}{100}\]             \[=\frac{49680\times 110}{100}=\text{Rs}\text{.}\,\,54648\] Hence, profit \[=(54648-54000)\] = Rs. 648


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