Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man sells two articles for ₹3800 each. He sells the 1st article at 18.75% profit. At what loss percent he would have sell 2nd article, if there is no loss no profit in the whole transaction?

Options:

11.11%

12.5%

13.63%

15.75%

Correct Answer:

13.63%

Explanation:

CP of 1st article = 3800 × \(\frac{100}{118.75}\) = Rs. 3200

              Profit  = 3800 - 3200 = Rs. 600

He should sell another article at Rs. 600 loss

Hence the C.P. of 2nd article = 3800 + 600

                                          = 4400

                      Loss % = \(\frac{600}{4400}\) × 100 = 13.63%