A dealer sold 2 TV sets for Rs.2400 each

CUET Preparation Today

Start Free Mocks

Home Questions P75C2EMF9D

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer sold 2 TV sets for Rs.2400 each and earns 20% profit on 1st article and 20% loss on 2nd article. Find his total profit or loss.

Options:

Rs.200 Profit

Rs.192 Profit

Rs.200 Loss

Rs.192 Loss

Correct Answer:

Rs.200 Loss

Explanation:

CP1 = 2400 × \(\frac{100}{120}\) = 2000

CP2 = 2400 × \(\frac{100}{80}\) = 3000

Total CP = 5000 (3000+2000)

Total SP = 4800

Loss = 5000 - 4800 = Rs. 200