Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-12

  • question_answer
    Seema purchased an item for Rs. 9600 and sold it for loss of 5%. From that money she purchased another item and sold it for gain of 5%. What is her overall gain/loss?

    A) Loss of Rs. 36   

    B) Profit of Rs. 24

    C) Loss of Rs. 54   

    D) Profit of Rs. 36

    E) None of these

    Correct Answer: E

    Solution :

    Cost price of the item = Rs. 9600
    Selling price of the item
    \[=9600\times \frac{95}{100}\times \frac{95}{100}=Rs.9576\]
    Selling price of another item
    \[=\frac{105}{100}\times 9576=9681\]
    Profit \[=9681-9600=81\]


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