A dealer sold 2 Radio sets for Rs.96 eac

CUET Preparation Today

Start Free Mocks

Home Questions SQJC65EK4E

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer sold 2 Radio sets for Rs.96 each and earns 40% profit on 1st article and 40% loss on 2nd article. Find his total profit or loss.

Options:

Rs.112.4

Rs.122.4

Rs.102.4

Rs.100

Correct Answer:

Rs.102.4

Explanation:

CP1 = 96 × $\frac{140}{100}$ = 134.4

CP2 = 96 × $\frac{100}{60}$ = 160

Total CP = 294.4 (134.4 + 160)

Total SP = 192

Loss = 294.4 - 192 = Rs.102.4