| Rehaan purchased a bike for Rs. 54000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit? |
A) Loss of Rs. 657
B) Profit of Rs. 567
C) Loss of Rs. 648
D) Profit of Rs. 648
E) None of these
Correct Answer: D
Solution :
| First \[SP\,\,=\,\,\frac{54000\times 92}{100}\,\,=\,\,Rs.\,49680\] |
| Second \[SP=49680\times \frac{110}{100}=Rs.\,\,54648\] |
| \[\therefore \] Profit \[=\,54648-54000=Rs.\,\,648\] |
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