Question
A trader sells two articles for ₹450 each. He makes a
profit of 20% on the first and a loss of 10% on the second. What is his overall profit or loss percentage?Solution
Cost price of the first article = Selling price / (1 + Profit%) = 450 / 1.2 = ₹375. Cost price of the second article = Selling price / (1 - Loss%) = 450 / 0.9 = ₹500. Total cost price = ₹375 + ₹500 = ₹875. Total selling price = ₹450 + ₹450 = ₹900. Profit = Selling price - Cost price = ₹900 - ₹875 = ₹25. Profit percentage = (Profit/Cost price) × 100 = (25/875) × 100 ≈ 2.86%. Answer: b)
When was the first ‘Minning Policy’ in Uttarakhand State declared?
In which country is the Sinai Peninsula located?
Who served as the 50th Chief Justice of India?
Which of the following are the major objectives of setting up of Biotechnology Industry Research Assistance Council (BIRAC)?
1. To foster innovat...
Jamshedi Navroz is a festival of _________ community.
Consider the following pairs and identify which of the following pairs of religious texts and associated religions are matched correctly.
1. Aran...
Ramsar Wetlands Convention marks _____ anniversary for the year 2021?
As per the National Family and Health Survey (NFHS), 5th report the number of women were more than the number of men, what was the number o...
Which of the following is the oldest High Court in India?
Which Article of the Indian Constitution is related with the oath or affirmation by judges of high courts?
