Amar purchases some apple @ 1 apple for ₹2 and same no. of apple @ 2 apple for ₹1. He sold all of them @ 4 for ₹3. Find profit or loss percent.
Answer & explanation
Correct answer: option 1
Qty : Price
Purchase1: 2 : 1 .............(i)
Purchase2: 1 : 2 .............(ii)
(ii) × 2, to make the purchased qty same, ATQ.
Qty : Price
Purchase1: 2 : 1
Purchase2: 2 : 4
Total Purch.: 4 : 5
Sale : 4 : 3
2 L
Loss% :- \(\frac{2}{5}\) = 40%