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    Question

    D-Mart sold two toys - one at 10% loss and another at

    20% profit. What is the percent profit or loss if the cost prices of the toys are in the ratio 3:2?
    A 5% profit Correct Answer Incorrect Answer
    B 2% profit Correct Answer Incorrect Answer
    C 2% loss Correct Answer Incorrect Answer
    D 5% loss Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost prices of the toys be тВ╣300 and тВ╣200 respectively. Selling price of the first toy = 300 * 0.9 = тВ╣270 Selling price of the second toy = 200 * 1.2 = тВ╣240 Total cost price of both the toys = 300 + 200 = тВ╣500 Total selling price of both the toys = 270 + 240 = тВ╣510 ∴ Total profit = тВ╣10 ∴ Profit% = 10/500 * 100 = 2%

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