Mathematics · Profit and Loss
A trader purchases 100 smartphones at Rs. 12,000 each. He spends Rs. 30,000 on transportation and Rs. 20,000 on advertising. 10 phones are damaged in transit and sold at a 50% loss. The remaining phones are sold at a 25% profit. What is his net profit or loss overall?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,30,000 loss
- 2Rs. 1,90,000 loss
- 3Rs. 2,20,000 profit
- 4Rs. 1,60,000 profit✓
Correct answer
Rs. 1,60,000 profit
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