insurence exam LIC HFL Assistant/Assistant Manager Mock Test Series Quantitative Aptitude Profit and Loss Successive Selling
Sumit purchased an item for Rs. 6500 and sold it at the gain of 24%. From that amount, he purchased another item and sold it at a loss of 20%. What is his overall gain/loss?
1
Loss of Rs. 42
2
Gain of Rs. 42
3
Loss of Rs. 52
4
Neither gain nor loss
5
None of these