New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Profit percentage earned on selling article 'G' is the

    same as the percentage loss incurred on selling article 'H'. If the cost price of article 'G' is Rs. 1000 and the cost price of article 'H' is Rs. 1500 and the average selling price of both articles is Rs. 1300, then find the profit/loss percentage earned on selling article 'G'.
    A 45% profit Correct Answer Incorrect Answer
    B 40% loss Correct Answer Incorrect Answer
    C 35% loss Correct Answer Incorrect Answer
    D 20% loss Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let profit percentage earned on selling article 'G' = Loss percentage incurred on selling article 'H' = x% -20% (indicating a loss for article 'G')

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