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Rajesh purchased a mobile phone and a re...

Rajesh purchased a mobile phone and a refrigerator for Rs12000 and Rs10000 respectively. She sold the refrigerator at a loss of 15 per cent and mobile phone at a profit of 10 per cent. What is her overall loss/profit?

A

Loss of Rs 300

B

Profit of Rs 2160

C

Loss of Rs 240

D

Profit of Rs 2060

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down into manageable parts. ### Step 1: Determine the Cost Price of Each Item - Rajesh purchased a mobile phone for Rs 12,000. - Rajesh purchased a refrigerator for Rs 10,000. **Total Cost Price (CP)** = Cost Price of Mobile Phone + Cost Price of Refrigerator = Rs 12,000 + Rs 10,000 = Rs 22,000 ### Step 2: Calculate the Selling Price of the Refrigerator - The refrigerator is sold at a loss of 15%. **Loss on Refrigerator** = 15% of Cost Price of Refrigerator = 15% of Rs 10,000 = (15/100) * 10,000 = Rs 1,500 **Selling Price (SP) of Refrigerator** = Cost Price of Refrigerator - Loss = Rs 10,000 - Rs 1,500 = Rs 8,500 ### Step 3: Calculate the Selling Price of the Mobile Phone - The mobile phone is sold at a profit of 10%. **Profit on Mobile Phone** = 10% of Cost Price of Mobile Phone = 10% of Rs 12,000 = (10/100) * 12,000 = Rs 1,200 **Selling Price (SP) of Mobile Phone** = Cost Price of Mobile Phone + Profit = Rs 12,000 + Rs 1,200 = Rs 13,200 ### Step 4: Calculate the Total Selling Price **Total Selling Price (SP)** = Selling Price of Refrigerator + Selling Price of Mobile Phone = Rs 8,500 + Rs 13,200 = Rs 21,700 ### Step 5: Determine Overall Profit or Loss **Overall Profit or Loss** = Total Selling Price - Total Cost Price = Rs 21,700 - Rs 22,000 = Rs -300 Since the result is negative, it indicates a loss. ### Conclusion Rajesh incurred an overall loss of Rs 300. ---
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