Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sold two articles for ₹ 9471 each. 1st is sold at 23% profit and 2nd is sold at 23% loss. Find his overall profit or loss percent.

Options:

5.29% loss

6.29% profit

5.29% profit

6.25% loss

Correct Answer:

5.29% loss

Explanation:

In these cases seller always bear loss

   Loss % = (\(\frac{23 × 23}{100}\)) = 5.29 % loss