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Kiran purchased a scooter for Tk.52000. He sold it at loss of 10%. With that money he purchased another scooter and sold it at profit of 20%. What is his overall loss profit?

Correct Answer: tk.4160 profit
SP of the 1st Scooter = (100 – Loss%) /100 x CP                                      = 90/100 × 52000                                       = 46800/-SP of the 2nd Scooter = (100 + Gain%) /100 X CP                                        = 120/100  × 46800                                         = 56160Profit = Tk. 56160 – Tk.. 52000 = Tk. 4160/-

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