Get Started
1329

Q: If a trader sold two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is ?

  • 1
    1.44 %
  • 2
    2.02 %
  • 3
    1.04 %
  • 4
    2.25 %
  • Show Answer
  • Workspace

Answer : 4. "2.25 %"
Explanation :

Answer: D) 2.25 % Explanation: SP of each car is Rs. 404415, he gains 15% on first car and losses 15% on second car. In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (15)(15)/100 % = 2.25%

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today