Rayyan bought a refrigerator and mobile for Rs. 15000 and Rs. 8000 respectively. He incurred a 4% loss on the fridge and a 10% profit on the phone. His overall outcome was a________?
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Answer: D. profit of Rs. 200
Explanation
The correct answer is a profit of two hundred rupees overall. A four percent loss on the fifteen thousand fridge equals a six hundred rupee loss. A ten percent profit on the eight thousand mobile equals an eight hundred rupee profit. Net outcome is determined by summing monetary profits and losses from all purchased items. Four hundredths multiplied by fifteen thousand gives a loss of six hundred rupees. One-tenth multiplied by eight thousand gives a profit of eight hundred rupees.
Multi-item retail accounting requires tracking individual gains and losses to find net profit. Personal budgeting involves calculating total profit or loss from selling multiple assets. Business investment portfolios evaluate overall performance by summing individual asset returns. Option A incorrectly treats the combined outcome as a net financial loss. Option B miscalculates the individual profit and loss amounts for the items. Option C underestimates the net profit by miscalculating the mobile phone return.
- Subject
- Mathematics
- Category
- Mathematics
- Topic
- —
- Difficulty
- medium
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