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Discussion :: Profit and Loss

  1. Ravi purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a.
    2. A.
    loss of Rs. 200
    B.
    loss of Rs. 100
    C.
    profit of Rs. 100
    D.
    profit of Rs. 200
    E.
    None of these

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    Answer : Option D

    Explanation :

    Let the SP of the refrigerator and the mobile phone be Rs. r and Rs. m respectively.

    r = 15000(1 - 4/100) = 15000 - 600

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