Wipro Company Numerical Ability Profit and Loss

Kanak owns a plot worth Rs. 10000, He sells it to Raman at 10% profit Raman sells the plot back to Kanak at a loss of 10%. In the whole transaction, Kanak gets :

a. no profit no loss
b. profit of Rs. 2000
c. profit of Rs. 1100
d. profit of Rs. 1000

Read Solution (Total 2)

profit of 1100
7 years agoHelpfull: Yes(2) No(0)

KANAK--10000 =+10% 11000
RAMAN--11000=-10% 9900

1000+100=1100
4 years agoHelpfull: Yes(0) No(0)

Wipro Other Question

If the manufacturer gains 10 %, the wholesale dealer 15 % and the retailer 25 %, then the cost of production of a table, the retail price of which is Rs 1265 was :

a. Rs 632.50
b. Rs 800
c. Rs 814
d. Rs 834.34 Two mixers and one T.V. cost Rs. 7000, while two T.V.s and a mixer cost Rs. 9800. The value of one T.V. is :

a. Rs. 2800
b. Rs. 2100
c. Rs.4200
d. Rs. 8400