A merchant buys a watch for ₹1,500 and sells it at a 10% loss. He then buys the same model for ₹1,600 and sells it at a 20% profit. Find the overall profit or loss percentage (rounded off to 2 decimal places).

Challenger App

Home/

Questions/

Maths/

Profit & Loss

No.1 PSC Learning App

★

1M+ Downloads

Get App

A merchant buys a watch for ₹1,500 and sells it at a 10% loss. He then buys the same model for ₹1,600 and sells it at a 20% profit. Find the overall profit or loss percentage (rounded off to 2 decimal places).

AProfit percentage is 4.48%

BLoss percentage is 4.48%

CLoss percentage is 5.48%

DProfit percentage is 5.48%

Answer:

D. Profit percentage is 5.48%

Read Explanation:

Profit percentage is 5.48%

Read more in App

Related Questions:

A and B invested in a business in the ratio 5:6. The profit ratio was 10:9. If B invested his money for 12 months, for how many months did A invest?

Four friends A, B, C and D started a business and earned a profit of Rupees 30,000. They shared it according to their investment. A, B, C and D had invested in the ratio 2:5:4:3 What is the profit share of A and B together?

By selling an article for ₹20, a dealer makes a profit of 10%. By how much should he increase his selling price (in ₹, rounded off to two decimal place) so as to make a profit of 40%?

ഒരാൾ 650 രൂപയ്ക്ക് വാങ്ങിയ തേങ്ങകൾ 598 രൂപയ്ക്ക് വിൽക്കുന്നു. നഷ്ട ശതമാനം എത്ര ?

ഒരു കച്ചവടക്കാരൻ ഒരു സാധനത്തിന്റെ വില 10% വർദ്ധിപ്പിച്ച് 10% ഡിസ്കൗണ്ടിൽ വിൽക്കുന്നു. എങ്കിൽ സാധനത്തിന്റെ ഇപ്പോഴത്തെ വിലയിലുള്ള മാറ്റമെന്ത്?