Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer sold 2 TV sets for Rs.360 each and earns 20% profit on 1st article and 20% loss on 2nd article. Find his total profit or loss.

Options:

 Rs.30

 Rs.33

 Rs.36

 Rs.40

Correct Answer:

 Rs.30

Explanation:

CP1 = 360 × \(\frac{100}{120}\) = 300

CP2 = 360 × \(\frac{100}{80}\)   = 450

Total CP = 750 (300+450)

Total SP = 720

Loss = 750 - 720 = Rs.30