📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The cost price of a blanket is Rs. 900. A seller sells

      one blanket with a profit of 18%, while the second blanket is sold at a loss of Rs. 150. Determine the seller's overall profit or loss from both transactions.
      A Rs. 12 profit Correct Answer Incorrect Answer
      B Rs. 20 loss Correct Answer Incorrect Answer
      C Rs. 36 profit Correct Answer Incorrect Answer
      D Rs. 18 loss Correct Answer Incorrect Answer

      Solution

      Selling price of the blanket sold at 18% profit = 900 X 1.18 = Rs. 1,062 Selling price of the blanket sold at loss of Rs. 150 = 900 - 150 = Rs. 750 So, combined selling price = 1062 + 750 = Rs. 1,812 Combined cost price = 900 X 2 = Rs. 1,800 Overall profit = 1812 - 1800 = Rs. 12

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question