Discussion

Q.

A shopkeeper purchased a TV for ₹ 2000 and a radio for ₹ 750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total gain or loss is :

(SBI CLERK - 2016)

A. ₹ 352.50 gain

B. ₹ 362.50 gain

C. ₹ 332 gain

D. ₹ 300 loss

Correct Option is B

Explanation:

Total CP = 2000 + 750 = 2750

Total SP =  2000 ×120100+ 750 ×95100= 3112.5

Total gain = 3112.5 - 2750 = ₹ 362.5 

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