Question
A trader bought two articles for ₹2,000 and ₹3,000.
He sold the first article at a profit of 20% and the second article at a loss of 10%. What is the overall profit or loss percentage?Solution
Selling price of the first article = 2000 + 20% of 2000 = ₹2400. Selling price of the second article = 3000 - 10% of 3000 = ₹2700. Total cost = 2000 + 3000 = ₹5000. Total selling price = 2400 + 2700 = ₹5100. Profit = 5100 - 5000 = ₹100. Profit percentage = (100/5000) × 100 = 2%. Answer: c) 2% profit
More Quant Miscellaneous Questions
- Determine the final value of this expression:
(1/5) of {5⁴ - 24 × 14 + 12 × 18 - 10.5 of 10²} 3% of 842 ÷ 2% of 421 = ?
√225 + 27 × 10 + ? = 320
- Determine the value of ‘p’ if p = √529 + √1444
45 % of 180 + √144 * 8 = ?2 + 70 % of 80
Determine the value of 'p' in following expression:
720 ÷ 9 + 640 ÷ 16 - p = √121 X 5 + 6²- 7?2 = √20.25 × 10 + √16 + 32
- What will come in place of the question mark (?) in the following questions?
(2⁴ + 6²) ÷ 2 = ? 18(1/3) + 9(2/3) – 10(1/3) = 1(2/3) + ?
