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?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. loss of ₹756.
CP of mobile = 27000
SP of mobile = (81/100) × 27000 = 21870
CP of tablet = 21870
SP of tablet = (120/100) × 21870 = 26244
Overall loss = 27000 - 26244 = 756