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Meenu buys two fans at 1,200 each, sells one at 5% loss and one at 10% profit. Overall she makes a:
AProfit of 60
BLoss of 60
CProfit of 120
DNo profit
Answer & Solution
Correct answer: A. Profit of 60
1. Selling prices are 1,140 and 1,320.
2. Total SP 2,460 against total CP 2,400.
3. That is a profit of 60.
_Source: NCERT Class 8 Mathematics, Chapter 8, Comparing Quantities._
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