Question
Rayyan purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a________?
Answer: Option D
LET THE SP OF THE REFRIGERATOR AND THE MOBILE PHONE BE RS. R AND RS. M RESPECTIVELY.
R = 15000(1 – 4/100) = 15000 – 600
M = 8000(1 + 10/100) = 8000 + 800
TOTAL SP – TOTAL CP = R + M – (15000 + 8000) = -600 + 800 = RS. 200
AS THIS IS POSITIVE, AN OVERALL PROFIT OF RS. 200 WAS MADE.
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LET THE SP OF THE REFRIGERATOR AND THE MOBILE PHONE BE RS. R AND RS. M RESPECTIVELY.
R = 15000(1 – 4/100) = 15000 – 600
M = 8000(1 + 10/100) = 8000 + 800
TOTAL SP – TOTAL CP = R + M – (15000 + 8000) = -600 + 800 = RS. 200
AS THIS IS POSITIVE, AN OVERALL PROFIT OF RS. 200 WAS MADE.
Was this answer helpful ?
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