Quant Exam  >  Quant Questions  >  Seema purchased an item for Rs 9,600 and soli... Start Learning for Free
Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?
  • a)
    Loss of Rs 36
  • b)
    Profit of Rs 24
  • c)
    Loss of Rs 54
  • d)
    Profit of Rs 36
  • e)
    None of these
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Seema purchased an item for Rs 9,600 and solid it for a loss of 5 perc...
View all questions of this test
Most Upvoted Answer
Seema purchased an item for Rs 9,600 and solid it for a loss of 5 perc...
Given information:
- Seema purchased an item for Rs 9,600.
- She sold it for a loss of 5 percent.
- From the money she received, she purchased another item.
- She sold this item for a gain of 5 percent.

To find:
- Overall gain/loss made by Seema.

Calculating the loss:
- Seema purchased the first item for Rs 9,600.
- She sold it for a loss of 5 percent, which means she sold it for 95 percent of the original price.
- Loss = 5 percent of Rs 9,600 = (5/100) * 9600 = Rs 480.
- Money received after selling the first item = Rs 9,600 - Rs 480 = Rs 9,120.

Calculating the gain:
- Seema purchased the second item with the money she received from selling the first item, which is Rs 9,120.
- She sold the second item for a gain of 5 percent, which means she sold it for 105 percent of the purchase price.
- Gain = 5 percent of Rs 9,120 = (5/100) * 9120 = Rs 456.
- Money received after selling the second item = Rs 9,120 + Rs 456 = Rs 9,576.

Calculating the overall gain/loss:
- Overall gain/loss = Money received after selling the second item - Total cost price.
- Total cost price = Rs 9,600 (cost of the first item).
- Overall gain/loss = Rs 9,576 - Rs 9,600 = -Rs 24.

Answer:
- The overall gain/loss made by Seema is a loss of Rs 24.
Explore Courses for Quant exam
Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer?
Question Description
Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer?.
Solutions for Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant. Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer?, a detailed solution for Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? has been provided alongside types of Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Seema purchased an item for Rs 9,600 and solid it for a loss of 5 percent. From that money, she purchased another item and sold it for a gain of 5 percent. What was her overall gain/loss?a)Loss of Rs 36b)Profit of Rs 24c)Loss of Rs 54d)Profit of Rs 36e)None of theseCorrect answer is option 'E'. Can you explain this answer? tests, examples and also practice Quant tests.
Explore Courses for Quant exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev