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4
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 ?

A) 1.44 % B) 2.02 %
C) 1.04 % D) 2.25 %

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%
Subject: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO
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