A dealer sold 2 fans for Rs.901 each and

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer sold 2 fans for Rs.901 each and earns 30% profit on first and 30% loss on second. Find his total profit or loss.

Options:

200

202

190

180

Correct Answer:

180

Explanation:

CP1 = 910 × \(\frac{100}{130}\) = 700

CP2 = 910 × \(\frac{100}{70}\) = 1300

Total CP = 2000 (700+1300)

Total SP = 1820

Loss = 2000 - 1820 = Rs.180