hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Pawan purchased two tables, first for ₹10000 and the second for ₹12000. He sold both the tables, first one at the profit of 10 percent and the second
    Question

    Pawan purchased two tables, first for ₹10000 and the second for ₹12000. He sold both the tables, first one at the profit of 10 percent and the second at a loss of 20 percent. What is the overall profit or loss?

    A.

    Profit = ₹1200

    B.

    Loss = ₹1400

    C.

    Profit = ₹1400

    D.

    Loss = ₹1200

    Correct option is B

    Given:

    • Cost Price (CP) of Table 1 = ₹10000
    • Cost Price (CP) of Table 2 = ₹12000
    • Table 1 sold at 10% profit
    • Table 2 sold at 20% loss

    Formula:

    SP1=CP1+(10100×CP1)SP2=CP2(20100×CP2)\text{SP}_1 = \text{CP}_1 + \left(\frac{10}{100} \times \text{CP}_1\right) \\\text{SP}_2 = \text{CP}_2 - \left(\frac{20}{100} \times \text{CP}_2\right)

    Solution:

    Table 1:

    • Profit = 10% of ₹10000 = ₹1000
    • SP = ₹10000 + ₹1000 = ₹11000

    Table 2:

    • Loss = 20% of ₹12000 = ₹2400
    • SP = ₹12000 - ₹2400 = ₹9600

    Total CP = ₹10000 + ₹12000 = ₹22000
    Total SP = ₹11000 + ₹9600 = ₹20600

    Now compare:

    Loss = Total CP - Total SP = ₹22000 - ₹20600 = ₹1400

    Correct Answer: (b) Loss = ₹1400


    Free Tests

    Free
    Must Attempt

    SSC GD PYP (Held on 4 Feb 2025 S1)

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    Hindi Section Test 1

    languageIcon English
    • pdpQsnIcon20 Questions
    • pdpsheetsIcon40 Marks
    • timerIcon12 Mins
    languageIcon English
    Free
    Must Attempt

    SSC GD Constable Full Mock Test 1

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘IB ACIO’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow