Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person bought an article for Rs.950/- and sold it at a loss of 30%. He purchased a new article with that money and sold it at a gain of 60%. Find his overall percentage of profit.

Options:

12%

13%

15%

22%

Correct Answer:

12%

Explanation:

C.P.1 : S.P.1 or C.P.2 :  S.P.2

 100  :        70          :   112

 

⇒  C.P.1     :       S.P.2

    100       :        112 ⇒    12% (Profit)