Wiley Edge Profit and Loss Quiz-4

When Rajesh sells the book to Ramesh, he gains 10% of Rs. 500, which is Rs. 50. When Ramesh sells the book back to Rajesh at a 20% loss, he incurs a loss of 20% of Rs. 550, which is Rs. 110. Since the gain of Rs. 50 is offset by the loss of Rs. 110, there is no overall gain or loss.

When the article is sold at a 25% profit, the selling price is Rs. 1,200 + 25% of Rs. 1,200, which is Rs. 1,500. When it is bought back at a 15% loss, the buying price is Rs. 1,500 - 15% of Rs. 1,500, which is Rs. 1,275. The net gain is the difference between the selling price and the buying price, which is Rs. 1,500 - Rs. 1,275 = Rs. 75.

When the smartphone is sold at a 15% loss, the selling price is Rs. 20,000 - 15% of Rs. 20,000, which is Rs. 17,000. When it is sold again at a 25% profit, the selling price is Rs. 17,000 + 25% of Rs. 17,000, which is Rs. 21,250. The net gain is the difference between the selling price and the initial cost price, which is Rs. 21,250 - Rs. 20,000 = Rs. 1,250. Since the net gain is negative, there is a loss of Rs. 1,250.

When the shirt is sold at a 20% profit, the selling price is Rs. 800 + 20% of Rs. 800, which is Rs. 960. When it is sold again at a 10% loss, the selling price is Rs. 960 - 10% of Rs. 960, which is Rs. 864. The net gain is the difference between the selling price and the initial cost price, which is Rs. 864 - Rs. 800 = Rs. 64. Since the net gain is negative, there is a loss of Rs. 64, which is equivalent to Rs. 16.

When the laptop is sold at a 10% loss, the selling price is Rs. 50,000 - 10% of Rs. 50,000, which is Rs. 45,000.

When it is bought back at a 5% profit, the buying price is Rs. 45,000 + 5% of Rs. 45,000, which is Rs. 47,250.

The net gain is the difference between the selling price and the buying price, which is Rs. 45,000 - Rs. 47,250 = Rs. -2,250.

Since the net gain is negative, there is a loss of Rs. 2,250, which is equivalent to Rs. 1,250.

When the bike is sold at a 15% profit, the selling price is Rs. 80,000 + 15% of Rs. 80,000, which is Rs. 92,000.

When it is sold again at a 12% loss, the selling price is Rs. 92,000 - 12% of Rs. 92,000, which is Rs. 80,960.

The net gain is the difference between the selling price and the initial cost price, which is Rs. 80,960 - Rs. 80,000 = Rs. 960. Therefore, the net gain is Rs. 960.

When the television is sold at a 5% loss, the selling price is Rs. 30,000 - 5% of Rs. 30,000, which is Rs. 28,500. When it is bought backat an 8% profit, the buying price is Rs. 28,500 + 8% of Rs. 28,500, which is Rs. 30,780. The net gain is the difference between the selling price and the buying price, which is Rs. 28,500 - Rs. 30,780 = Rs. -2,280. Since the net gain is negative, there is a loss of Rs. 2,280, which is equivalent to Rs. 900.

When the watch is sold at a 20% profit, the selling price is Rs. 5,000 + 20% of Rs. 5,000, which is Rs. 6,000. When it is sold again at a 15% loss, the selling price is Rs. 6,000 - 15% of Rs. 6,000, which is Rs. 5,100. The net gain is the difference between the selling price and the initial cost price, which is Rs. 5,100 - Rs. 5,000 = Rs. 100. Since the net gain is negative, there is a loss of Rs. 100, which is equivalent to Rs. 200.

When the camera is sold at a 10% loss, the selling price is Rs. 15,000 - 10% of Rs. 15,000, which is Rs. 13,500.

When it is bought back at an 8% profit, the buying price is Rs. 13,500 + 8% of Rs. 13,500, which is Rs. 14,580.

The net gain is the difference between the selling price and the buying price, which is Rs. 13,500 - Rs. 14,580 = Rs. -1,080.

Since the net gain is negative, there is a loss of Rs. 1,080, which is equivalent to Rs. 320.

When the mobile phone is sold at a 5% profit, the selling price is Rs. 25,000 + 5% of Rs. 25,000, which is Rs. 26,250.
When it is sold again at a 12% loss, the selling price is Rs. 26,250 - 12% of Rs. 26,250, which is Rs. 23,100.

The net gain is the difference between the selling price and the initial cost price, which is Rs. 23,100 - Rs. 25,000 = Rs. -1,900.

Since the net gain is negative, there is a loss of Rs. 1,900, which is equivalent to Rs. 600.