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Railways Sample Paper RRB (Assistant Loco Pilot & Technician) Sample Test Paper-5

  • question_answer
    Sumit purchased an item for Rs. 6,500 and sold it at the gain of \[24%\]. From the amount he purchased another item and sold it at the loss of\[20%\]. What is his overall gain/loss?

    A)  Loss of Rs. 42

    B)  Gain of Rs. 42

    C)  Loss of Rs. 52

    D)  Neither gain nor loss

    Correct Answer: C

    Solution :

     Last S.P.    \[=6500\frac{100+24}{100}\,\,\,\,\frac{100\,\,\,\,20}{100}\]    \[=6500\,\,\,\frac{124}{100}\,\,\,\,\,\frac{80}{100}\]     = Rs. 6448                  \[\therefore \] Loss = \[6500-6448\]      = Rs. 52


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