Kiran purchased a scooter for Tk. 52000. He sold it at loss of 10% .With that money be purchased another scooter and sold it at profit of 20% What is his overall loss/ profit?

Kiran purchased a scooter for Tk. 52000. He sold it at loss of 10% .With that money be purchased another scooter and sold it at profit of 20% What is his overall loss/ profit? Correct Answer Tk. 4160 profit

The selling price of the first scooter = Tk. 52000 × (100 - 10)/100 = Tk. 46800. Loss on the first scooter = Tk. 52000 × 10% = Tk. 5200. Profit on the second scooter = Tk. 46800 × 20% = Tk. 9360. Net profit = Tk. (9360 - 5200) = Tk. 4160. Ans: D
Bissoy MCQ

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