Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Two tables are sold for Rs. 5984 each. The gain on one article is 36% and the loss on another article is 56%. What is the overall gain or loss percentage?

Options:

33%

32.57%

33.51%

34.51%

Correct Answer:

33.51%

Explanation:

Profit = 36%

\(\frac{SP_1}{CP_1}\) = \(\frac{136}{100}\)   

136 → 5984   

1 → 44      

CP1 = 100 → 4400     

Loss of 56%         

\(\frac{SP_2}{CP_2}\) = \(\frac{44}{100}\) 

44 → 5984   

 1 → 136

CP2 = 100 → 13600

 

Total CP = 4400 + 13600 = 18000

Total SP = 5984 + 5984 = 11968

Loss 6032

Loss % = \(\frac{6032}{18000}\) × 100 = 33.51%