Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Arun sells two Horses at Rs.9271 each. On 1st he gains 27% and on 2nd he losses 27%. His profit or loss % in the whole transaction is:

Options:

9.5% Loss

9.5% Profit

7.29% Loss

7.29% Profit

Correct Answer:

7.29% Loss

Explanation:

In such cases seller always bears loss

Loss % = (\(\frac{27 × 27}{100}\)) %

           = 7.29% loss