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

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:

Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?

ഒരാൾ ഒരു സാധനം 2,070 രൂപയ്ക്കു വിറ്റപ്പോൾ, 10% നഷ്ടമുണ്ടായി. 5% ലാഭം ലഭിക്കണമെങ്കിൽ ആ സാധനം എത്ര രൂപയ്ക്കു വിൽക്കണമായിരുന്നു ?

5000 രൂപക്ക് വാങ്ങിയ ഒരു സൈക്കിൾ 4300 വിറ്റാൽ നഷ്ടശതമാനം എത്ര?

Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?

Mohan, Meena and Madhav enter into a partnership investing ₹3,000, ₹2,000 and ₹5,000 respectively. Find their respective shares in the annual profit of ₹5,600 in the given order of the names mentioned here