Rayyan purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a________?

A. loss of Rs. 200
B. loss of Rs. 100
C. profit of Rs. 100
D. profit of Rs. 200
E. None of these

Explanation:

Let the SP of the refrigerator and the mobile phone be Rs. r and Rs. m respectively.

r = 15000(1 – 4/100) = 15000 – 600
m = 8000(1 + 10/100) = 8000 + 800
Total SP – Total CP = r + m – (15000 + 8000) = -600 + 800 = Rs. 200
As this is positive, an overall profit of Rs. 200 was made.

Correct Answer: profit of Rs. 200 ✔

Last Updated: February 07, 2020