CUET Preparation Today
CUET
General Test
Numerical Ability
Profit and Loss
A man sold two gifts at ₹30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in ₹)? |
Gain of ₹1.75 Loss of ₹2.00 Loss of ₹2.50 Gain of ₹2.00 |
Loss of ₹2.00 |
According to the question, Total SP = 30 × 2 = 60 CP of first gift = 30 × (100118 ) = 25.42 CP of second gift = 30 × (10082) = 36.58 Total CP = 25.42 + 36.58 = 62 Loss = 62 – 60 = Rs. 2 |