Multiple choice

Rajni purchased a mobile phone and a refrigerator for Rs. 12000 and Rs. 10000 respectively. She sold the refrigerator at a loss of 12 percent and mobile phone at a profit of 8 percent. What is her overall loss/profit?

  1. loss of Rs. 280

  2. profit of Rs. 2160

  3. loss of Rs. 240

  4. profit of Rs. 2060

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Loss on refrigerator = 12% of 10000 = 1200. Profit on mobile = 8% of 12000 = 960. Net result = 960 - 1200 = -240, which is a loss of 240.

AI explanation

The total cost price for the mobile phone and refrigerator is Rs. 12000 plus Rs. 10000, totaling Rs. 22000. The mobile phone is sold at an 8% profit, yielding a selling price of Rs. 12960, while the refrigerator is sold at a 12% loss, yielding a selling price of Rs. 8800. The total selling price is Rs. 21760, which is Rs. 240 less than the total cost price, resulting in an overall loss of Rs. 240.

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