HomeTestsSearchRankProfile
mediumMCQPractice Test2026Quantitative Aptitude
1 mark

Sonam purchased a mobile phone for ₹27,000 and sold it at a loss of 19%. With that money she purchased a Tablet and sold it at a gain of 20%. What is her overall gain or loss?

  1. A
    gain of ₹870
  2. B
    loss of ₹756
  3. C
    loss of ₹856
  4. D
    gain of ₹756

Solution & Step-by-step Explanation

Step 1: Calculate the selling price of the mobile phone
Cost Price of Mobile (CP
1

) = ₹27,000
Loss percentage = 19%

Selling Price of Mobile (SP
1

) = 27000×(1−
100
19

)=27000×0.81=₹21,870

Step 2: Calculate the selling price of the Tablet
The money obtained from selling the phone is used to purchase the Tablet.
Cost Price of Tablet (CP
2

) = ₹21,870
Gain percentage = 20%

Selling Price of Tablet (SP
2

) = 21870×(1+
100
20

)=21870×1.2=₹26,244

Step 3: Determine the overall gain or loss
Initial total investment = ₹27,000
Final total amount realized = ₹26,244

Since Initial CP> Final SP, there is an overall loss.

Overall Loss=27000−26244=₹756
Hence, there is an overall loss of ₹756.

Practice this question

Try it yourself before checking the explanation above.

Sonam purchased a mobile phone for ₹27,000 and sold it at a loss of 19%. With that money she purchased a Tablet and sold it at a gain of 20%. What is her overall gain or loss?
A
gain of ₹870
B
loss of ₹756
C
loss of ₹856
D
gain of ₹756

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Quantitative Aptitude.

Discussion