IBPS Government Jobs Exams Numerical Ability Profit and Loss

Richa purchased an item for ₹ 6,500 and sold it at a loss of 20%. From that amount she purchased another item and sold it at a profit of 25%. What is her overall gain/loss?
A)Gain of 500 B)Gain of 250 C)Loss of 500 D)Neither gain nor loss E)None of these

Read Solution (Total 1)

C.P = 6500/-
on first loss = 20% ; therefore S.P = (100-loss)/100 *C.P
=80/100 * 6500
= 5200/- ===== C.P of second purchase

on Second C.P = 5200 with gain of 25%
therefore S.P = (100+25)/100 * 5200
= 6500/-

Therefore there is NO LOSS or NO GAIN
4 years agoHelpfull: Yes(0) No(0)

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