Arithmetic Ability
Profit and Loss

9 / 102

Q.

If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is ?

View Answer

Correct choice: A

Explanation:

SP of each car is Rs. 325475, he gains 12% on first car and losses 12% on second car. In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%
9 / 102