Madhav purchased an item for ₹42,000 and sold it at a loss of 20%. With that amount, he purchased another item and sold it at a gain of 30%. What is the overall gain (in ₹)?
Question:
Madhav purchased an item for ₹42,000 and sold it at a loss of 20%. With that amount, he purchased another item and sold it at a gain of 30%. What is the overall gain (in ₹)?
Madhav purchased an item for ₹42,000 and sold it at a loss of 20%. With that amount, he purchased another item and sold it at a gain of 30%. What is the overall gain (in ₹)?
Options
Answer: (3) 1680
Explanation:
First SP = 42000 × 0.8 = 33600. Second SP = 33600 × 1.3 = 43680. Overall gain = 43680 - 42000 = 1680. Answer should be (3) 1680.
Explanation:
First SP = 42000 × 0.8 = 33600. Second SP = 33600 × 1.3 = 43680. Overall gain = 43680 - 42000 = 1680. Answer should be (3) 1680.
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