Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Anusha purchased a television and a camera for ₹12,000 and ₹8,000, respectively. She sold the television at a loss of 10 percent, and the camera at a profit of 12 per cent. What was her overall loss/profit?

Options:

₹240 profit

₹450 loss

₹240 loss

₹450 profit

Correct Answer:

₹240 loss

Explanation:

Anusha purchased a television and a camera for 12,000 and 8,000, respectively.

Cost price of television = 12,000

Cost price of camera = 8,000

She sold the television at a loss of 10 percent and the camera at a profit of 12 percent.

Selling price of television = 12,000 of (100-10)%

=12,000 of 90%

= 10800

Selling price of camera = ₹8,000 of (100+12)%

=8,000 of 112%

= 8960

Cost price of camera and television = 12,000 + 8,000 = 20,000

Selling price of camera and television = 8960 + 10800 = 19760

Here the Cost price is more than Selling price.

So overall loss = 20,000 - 19760

= 240