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Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?
  • a)
    Loss of Rs.657
  • b)
    Profit of Rs.567
  • c)
    Loss of Rs.648
  • d)
    Profit of Rs.648
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. Wi...
Calculation of Rehaan's overall profit/loss:

1. Initial bike purchase:
- Cost of bike = Rs.54,000
- Loss % = 8%

Calculation of loss:
Loss = (8/100) * 54,000
Loss = 4,320

Amount received after selling first bike:
Amount received = 54,000 - 4,320
Amount received = Rs.49,680

2. Second bike purchase and sale:
- Profit % = 10%

Calculation of profit on second bike sale:
Profit = (10/100) * 49,680
Profit = Rs.4,968

Overall profit/loss:
Overall profit/loss = Profit - Loss
Overall profit/loss = 4,968 - 4,320
Overall profit/loss = Rs.648
Therefore, Rehaan made an overall profit of Rs.648.
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Community Answer
Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. Wi...
Selling price of the second article = 54000 x 92 / 100 × 110 / 100 = Rs. 54648
Thus, Profit = 54648 - 54000 Rs. 648
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Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?a)Loss of Rs.657b)Profit of Rs.567c)Loss of Rs.648d)Profit of Rs.648Correct answer is option 'D'. Can you explain this answer?
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Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?a)Loss of Rs.657b)Profit of Rs.567c)Loss of Rs.648d)Profit of Rs.648Correct answer is option 'D'. Can you explain this answer? for NEET 2025 is part of NEET preparation. The Question and answers have been prepared according to the NEET exam syllabus. Information about Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?a)Loss of Rs.657b)Profit of Rs.567c)Loss of Rs.648d)Profit of Rs.648Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for NEET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rehaan purchased a bike for Rs.54,000. He sold it at a loss of 8%. With that money he again purchased another bike and sold it at a profit of 10%. What is his overall loss/profit?a)Loss of Rs.657b)Profit of Rs.567c)Loss of Rs.648d)Profit of Rs.648Correct answer is option 'D'. Can you explain this answer?.
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