Practicing Success
A shopkeeper earns 10% on an investment but loses 20% on another investment. If the ratio of the two investments is 2 : 3, then the combined loss percentage is: |
5.5% 7% 6% 12% |
12% |
Since, ratio of two investment = 2 : 3 Gain% = \(\frac{Gain}{Initial\;Amount}\) × 100 = \(\frac{6}{50}\) × 100 = 12% |