A dealer sold 2 Radio sets for Rs.90 eac

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer sold 2 Radio sets for Rs.90 each and earns 25% profit on 1st article and 25% loss on 2nd article. Find his total profit or loss.

Options:

Rs.55

Rs.60

Rs.50.5

Rs.52.5

Correct Answer:

Rs.52.5

Explanation:

CP₁ = 90 × \(\frac{125}{100}\) = 112.5

CP₂ = 90 × \(\frac{100}{75}\) = 120

Total CP = 232.5 (112.5 + 120)

Total SP = 180

Loss = 232.5 - 180 = Rs.52.5