Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person bought an article for Rs.834/- and sold it at a loss of 25%. He purchased a new article with that money and sold it at a gain of 35%. Find his overall percentage of profit or loss.

Options:

4% Profit

1.25% Profit

0.5% Profit

1.5% Profit

Correct Answer:

1.25% Profit

Explanation:

C.P.1 : S.P.1 or C.P.2 :  S.P.2

 100  :        75          :   101.25

 

⇒  C.P.1     :       S.P.2

    100       :     101.25     ⇒     1.25% (Profit)